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NEW YORK ( TheStreet) -- Best Buy (NYSE: BBY) hit a new 52-week low Wednesday as it is currently trading at $17.50, below its previous 52-week low of $17.53 with 3.2 million shares traded as of 12:25 p.m. ET. Average volume has been nine million shares over the past 30 days. Best Buy has a market cap of $6.35 billion and is part of the services sector and retail industry. Shares are down 20.1% year to date as of the close of trading on Tuesday. Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China.