Shares of Bed Bath & Beyond Inc. BBBY,
rose 4.54% to $ 22.56 on Tuesday, which turned out to be an all-round positive trading session for the stock market with the S&P 500 Index SPX.
0.39% increase to 4,700.90 and the Dow Jones Industrial Average DJIA,
increased by 0.15% to 36,142.22. The rise in the stock broke a two-day losing streak. Bed Bath & Beyond Inc. closed $ 31.34 below its 52-week high ($ 53.90) the company hit on Jan. 27.
The stock outperformed some of its competitors on Tuesday as RH RH,
rose 0.26% to $ 651.00, Container Store Group Inc. TCS,
rose 0.61% to $ 13.14 and Macy’s Inc. M,
rose 3.99% to $ 32.29. The trading volume (5.3 million) remained 5.2 million below its 50-day average volume of 10.5 million.