BBY - Hot Stocks: BBY traffic falls; DELL HPQ downgrades; BIDU delisting worries; LGVN soars

Worries about dragging sales in a couple of sectors sparked declines in Thursday's midday action. Best Buy (BBY) suffered amid a recent fall in store traffic. Meanwhile, analyst downgrades weighed on PC makers Dell (DELL) and HP (HPQ). In other news, Baidu (BIDU) dropped on continuing worries about an eventual delisting from U.S. markets. On the other side of the ledger, Longeveron (LGVN) represented one of Thursday's notable gainers. The stock expanded its value by almost two-thirds, thanks to data about its Alzheimer’s drug candidate. Decliners Best Buy (BBY) dropped nearly 4% amid the release of data pointing to weak foot traffic. A report released by SafeGraph indicated that BBY store traffic for the week ended March 26 dropped 7% from last year. Investors worried that the latest reading pointed to a deterioration in traffic for BBY. In the prior week, the figure had only edged down 0.4%. Elsewhere in

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Hot Stocks: BBY traffic falls; DELL, HPQ downgrades; BIDU delisting worries; LGVN soars