Shares of Bed Bath & Beyond Inc. BBBY,
advanced 5.00% to $5.04 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX,
falling 0.92% to 3,818.80 and Dow Jones Industrial Average DJIA,
falling 0.62% to 30,981.33. The stock’s rise snapped a two-day losing streak. Bed Bath & Beyond Inc. closed $26.66 short of its 52-week high ($31.70), which the company reached on July 13th.
The stock outperformed some of its competitors Tuesday, as RH RH,
rose 1.46% to $261.49, Container Store Group Inc. TCS,
fell 1.66% to $6.52, and Macy’s Inc. M,
fell 1.00% to $16.90. Trading volume (10.3 M) eclipsed its 50-day average volume of 8.6 M.