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

Shares of Bed Bath & Beyond Inc. BBBY,
-0.61%
slipped 0.61% to $ 16.30 on Wednesday in what turned out to be an all-round cheap trading session for the stock market on the S&P 500 Index SPX.
+1.63%
1.63% increase to 4,709.85 and the Dow Jones Industrial Average DJIA,
+ 1.08%
increased by 1.08% to 35,927.43. This was the fifth consecutive loss day for the stock. Bed Bath & Beyond Inc. closed $ 37.60 below its 52-week high ($ 53.90) the company hit on Jan. 27.

The stock showed mixed performance compared to some of its peers on Wednesday as RH RH,
-0.03%
fell 0.03% to $ 568.03, Container Store Group Inc. TCS,

remained unchanged, and Macy’s Inc. M,
-2.99%
fell 2.99% to $ 25.01. The trading volume (3.9 million) remained 5.8 million below its 50-day average volume of 9.7 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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