Bed Bath & Beyond Inc.'s stock undefined spiked as much as 120% Monday even as the retailer indicated it has missed payments to debt holders and could file...
Bed Bath & Beyond Inc.'s stock spiked as much as 120% Monday even as the retailer indicated it has missed payments to debt holders and could file for bankruptcy. More than 183 million shares of Bed Bath & Beyond so far have swapped hands, vs. normal activity of about 37 million shares. Bed Bath & Beyond shares, which were momentarily paused in trading before resuming, have catapulted 129% this year. The broader S&P 500 index is up 7% in 2023.
... Bed Bath & Beyond Inc.'s stock BBBY spiked as much as 120% Monday even as the retailer indicated it has missed payments to debt holders and could file for bankruptcy. More than 183 million shares of Bed Bath & Beyond so far have swapped hands, vs. normal activity of about 37 million shares. Bed Bath & Beyond shares, which were momentarily paused in trading before resuming, have catapulted 129% this year. The broader S&P 500 index SPX is up 7% in 2023.
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