Shares of Bed Bath & Beyond Inc. BBBY,
inched 0.81% higher to $13.72 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX,
rising 0.57% to 4,155.38 and the Dow Jones Industrial Average DJIA,
rising 0.26% to 33,061.50. Bed Bath & Beyond Inc. closed $30.79 below its 52-week high ($44.51), which the company achieved on June 2nd.
The stock underperformed when compared to some of its competitors Monday, as RH RH,
rose 3.48% to $347.83, Container Store Group Inc. TCS,
rose 5.23% to $8.05, and Macy’s Inc. M,
rose 2.77% to $24.84. Trading volume (4.2 M) remained 3.5 million below its 50-day average volume of 7.8 M.