Best Buy

-5.18%

1. Exchange Rate Risk: Best Buy conducts some of its business in foreign markets which, in turn, exposes it to shifts in exchange rates, adding volatility to Best Buy's revenue.

2. Competition Risk: Best Buy's competitors are also expanding their product offerings and potentially competitive pricing, as well as offering online sales which could eventually cut into Best Buy's market share.

3. Technology Risk: Best Buy is heavily reliant on technology to facilitate its sales and customer experience. If technologies such as mobile devices, software, and the internet were to suffer major outages, it would disrupt Best Buy’s operations.

4. Merger and Acquisition Risk: Best Buy has been engaged in mergers and acquisitions to expand its market share in recent years, but this exposes the company to potential losses and integration issues.

5. Cyber Security Risk: Best Buy's extensive use of digital channels to market and sell its products and services opens the company up to the risk of cyber attacks. If the company were to experience a major data breach, it could have significant negative impacts on its reputation and financial performance.