Electronics retailers tumble after Best Buy's (BBY -15%) decline in Q3 profit, lower same-store...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Electronics retailers tumble after Best Buy's (BBY -15%) decline in Q3 profit, lower same-store sales and reduced guidance - despite rising Y/Y U.S. electronics sales and robust overall retail sales. RSH -4.4%, GME -2.4%. Popular products from the likes of Netflix (NFLX) and Apple (AAPL) may be reducing the need for flat-panel TVs, videogames and other retail staples.