US Stock Market Move | Warning: Imposition of tariffs may lead to price hikes. Best Buy Co., Inc. (BBY.US) plunges 14%.

On Tuesday, shares of Best Buy Co., Inc. (BBY.US) fell 14%, the largest drop since May 2022. The company warned that tariffs could lead to price increases. Best Buy Co., Inc. reported Q4 sales of $13.95 billion, surpassing the market average expectation of $13.69 billion, with adjusted earnings per share of $2.58, exceeding the market average expectation of $2.40.