Bed Bath & Beyond warned in a filing with the Securities and Exchange Commission that it will 'likely' file for bankruptcy if it's not able to secure funds from a stock offering.
eToro US investment analyst Callie Cox gives her take on what retail investors want to hear in the State of the Union address on 'Making Money.'fell to a record low Thursday after the company warned that it will "likely" file for bankruptcy if it's unable to secure funding from a $300 million stock offering.
"If we do not receive the proceeds from the offering of securities covered by this prospectus supplement, we expect that we will likely file for bankruptcy protection," the company said in a filing with the Securities and Exchange Commission. This isn't the first time the retailer has warned that it might have to file for bankruptcy protection.
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