Shares of Bed Bath & Beyond Inc. BBBY,
slipped 4.25% to $8.33 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX,
rising 1.86% to 3,973.75 and the Dow Jones Industrial Average DJIA,
rising 1.98% to 31,880.24. This was the stock’s second consecutive day of losses. Bed Bath & Beyond Inc. closed $36.18 short of its 52-week high ($44.51), which the company reached on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as RH RH,
fell 4.53% to $256.42, Container Store Group Inc. TCS,
fell 9.37% to $7.16, and Macy’s Inc. M,
rose 1.16% to $18.37. Trading volume (5.4 M) remained 155,177 below its 50-day average volume of 5.5 M.