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

Shares of Bed Bath & Beyond Inc. BBBY,
slipped 0.37% to $ 21.59 on Tuesday in what turned out to be an all-round rough trading session for the stock market with the S&P 500 Index SPX.
0.35% decline to 4,685.25 and Dow Jones Industrial Average DJIA,
Decrease of 0.31% to 36,319.98. This was the second consecutive day of losses for the stock. Bed Bath & Beyond Inc. closed $ 32.31 below its 52-week high ($ 53.90) that the company hit on Jan. 27.

The stock showed mixed performance on Tuesday compared to some of its competitors, including RH RH,
fell 0.87% to $ 652.27, Container Store Group Inc. TCS,
fell 0.37% to $ 13.61 and Macy’s Inc. M,
fell 1.95% to $ 30.61. The trading volume (7.2 million) remained 2.8 million below its 50-day average volume of 10.0 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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