The Story Behind The Ticker: Best Buy


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Best Buy (NYSE:BBY) is one of the largest consumer electronics retailers in the United States. 

Best Buy started in 1966 as an audio-specialty store. It was originally called Sound of Music. It wasn’t until 1983 when it was renamed to Best Buy as consumer electronics started to take up more and more of its shelf space.

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Although Best Buy’s ticker, BBY, is pretty self-explanatory (and really close to Bed Bath & Beyond’s (NASDAQ: BBBY), one can only imagine what it would be if the name never changed from Sound of Music.

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EducationGeneralstory behind the ticker