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

Shares of Bed Bath & Beyond Inc. BBBY,
slipped 9.21% to $ 18.33 on Tuesday in what turned out to be an all-round bad trading session for the stock market with the S&P 500 Index SPX.
1.90% decline to 4,567.00 and Dow Jones Industrial Average DJIA,
Decrease of 1.86% to 34,483.72. This was the third consecutive loss day for the stock. Bed Bath & Beyond Inc. closed $ 35.57 below its 52-week high ($ 53.90) the company hit on Jan. 27.

The stock underperformed some of its peers on Tuesday, such as RH RH,
fell 2.28% to $ 583.18, Container Store Group Inc. TCS,
fell 2.92% to $ 11.63 and Macy’s Inc. M,
fell 4.20% to $ 28.50. The trading volume (6.5 million) remained 4.6 million below its 50-day average volume of 11.0 million.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.


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