BBY up 6% after strong earnings report.

Shares of Best Buy Company (BBY) are trading 6% higher at a price of $78.32 at the time of this writing. The stock is quickly outperforming peers on a optimistic day for the Consumer Discretionary sector.

The price is likely moving on the results of the earnings call today:

-Best Buy reported a second quarter non-GAAP EPS of $1.54, which beat analyst expectations by $0.25
-Revenue for the quarter was $10.33 billion, a decrease of 12.8% from the same period last year, but still beat expectations by $80 million

Best Buy Company has been trading between a 52-week high of $138.07 and a 52-week low of $64.29. The stock has a market cap of $17.6 Billion.

Best Buy is a leading provider of technology products, services and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit our stores, engage with Geek Squad agents or use BestBuy.com or the Best Buy app. The company has operations in the U.S and Canada, where more than 70 percent of the population lives within 15 minutes of a Best Buy store, as well as in Mexico where Best Buy has a physical and online presence.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

norweiganwood11 - 57 upvotes - source
You just fucked up bro. Bby will have to tank 30+ dollars in 3 days for you to not get tattooed. I'm voting "I need to learn how to count B's" tattoo.

justCairo - 35 upvotes - source
“Actually regarded” face tat. BBY is at $73 

due11 - 22 upvotes - source
I SOLD BBY AT $12 AND TOOK A $17K LOSS OF MY LIFE SAVINGS, FML, DRINK MY TEARS

CircledAwaySailor - 14 upvotes - source
Going all in on BBY I want to be a part of this

Glittering-Pen5317 - 14 upvotes - source
Lost 10K on BBY last week, and guess what? I’m about to do it again!

polarbearsarekewl - 12 upvotes - source
BBBY you’re our only hope pls moon bby

wutangfuckedwithme - 11 upvotes - source
Oh shit Best Buy (BBY) has earnings tomorrow. Did you think you were buying that?????? oooooof

TortugaBebe - 11 upvotes - source
Bby is squeezing omg

Bitter_Coach_8138 - 11 upvotes - source
Guys I really fucked up. I put basically my life savings this morning into BBY $90 calls expiring Sep 2. I thought I was buying BBBY. I didn’t check my account until this afternoon and I’m down 70%. Do these have any chance of going back up?

NateDogg5o5 - 10 upvotes - source
Bbby you fly bby