Shares of Bed Bath & Beyond Inc. BBBY,
rose 3.01% to $ 19.14 on Tuesday in what turned out to be an all-round great trading session for the stock market on the S&P 500 Index SPX.
2.07% increase to 4,686.75 and the Dow Jones Industrial Average DJIA,
increased by 1.40% to 35,719.43. This was the second straight day of earnings for the stock. Bed Bath & Beyond Inc. closed $ 34.76 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 2.46% to $ 576.34, Container Store Group Inc.TCS,
rose 2.91% to $ 11.68 and Macy’s Inc. M,
rose 2.58% to $ 27.83. The trading volume (2.7 million) remained 8.6 million below its 50-day average volume of 11.3 million.