View the BBBYQ premarket stock price ahead of the market. The median target price is $2, down from $3 a month ago. (BBBYQ) Stock Price, Quote & News - Stock Analysis Bed Bath & Beyond Inc. Bed Bath & Beyond Inc stock price live 0.20, this page displays OTC BBBYQ stock exchange data. Of the 13 analysts covering the company, three recommend "hold," eight rate the stock "sell," and two have "strong sell" recommendations. Keep in mind, that Bed Bath has 117.3 million shares outstanding after the company bought back 13 of its share s at 23 per share these past several. The company is scheduled to report its results early on Tuesday. Balance Sheet Continues to Steadily Improve. Frankfurt-listed shares of the company slumped around 36 per cent at open.
In a filing last week, Bed Bath & Beyond said it expected to show a net loss of $385.8 million for its fiscal quarter ending in November, including $100 million of impairment charges. The Bed Bath and Beyond stock plummeted as much as 34 per cent after the home goods retailers announced that it is going out of business. Reuters also reported on Thursday the company was preparing to seek bankruptcy protection in coming weeks.īed Bath & Beyond has struggled for years with shrinking sales as it competes against Amazon (AMZN.O) and other rivals, with investors pointing to problems including cluttered stores and an over-reliance on discount coupons. Online retail stock forums, including Reddit, have been buzzing about a possible M&A deal, fueling a buying frenzy reminiscent of the "meme stock" phenomenon of 2020, in which shares of troubled companies such as GameStop Corp (GME.N) and AMC Entertainment Holdings (AMC.N) soared amid viral interest on forums such as WallStreetBets.īed, Bath & Beyond's stock lost nearly half its value last Thursday and Friday after the company warned it may not be able to carry on as a going concern and may have to seek relief through bankruptcy. 8.Īs of mid-day, traders had exchanged $114 million worth of the Bed, Bath & Beyond's shares, nearly matching the company's entire stock market value of $157 million, according to Refinitiv data. 18, 2022, 03:28 PM Ryan Cohen became a figurehead for the movement in Bed Bath & Beyond (NASDAQ:BBBY) shares, first announcing a stake of 9.8 in the retailer. Shares of the company were last up 35% at $1.77, on track for their biggest one-day percentage surge since Aug. NEW YORK, Jan 9 (Reuters) - Shares of Bed, Bath & Beyond Inc (BBBY.O) rebounded sharply in high volume trading on Monday amid speculation by retail investors that the struggling home goods seller might be a potential acquisition target.
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