Bed Bath & Beyond Inc. stock falls Thursday, underperforms market

Shares of Bed Bath & Beyond Inc. BBBY
shed 8.22% to $19.87 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX
rising 0.43% to 4,500.21 and the Dow Jones Industrial Average DJIA
rising 0.25% to 34,583.57. This was the stock’s fourth consecutive day of losses. Bed Bath & Beyond Inc. closed $24.64 below its 52-week high ($44.51), which the company achieved on June 2nd.

The stock underperformed when compared to some of its competitors Thursday, as RH RH
fell 2.16% to $327.82, Container Store Group Inc. TCS
fell 3.47% to $7.79, and Macy’s Inc. M
fell 3.22% to $23.16. Trading volume (4.6 M) remained 3.3 million below its 50-day average volume of 7.9 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


Leave a Comment