Bed Bath & Beyond Inc. stock outperforms market on strong trading day

Shares of Bed Bath & Beyond Inc. BBBY,
rallied 9.60% to $3.88 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX,
rising 5.54% to 3,956.37 and the Dow Jones Industrial Average DJIA,
rising 3.70% to 33,715.37. Bed Bath & Beyond Inc. closed $26.18 below its 52-week high ($30.06), which the company achieved on March 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as RH RH,
rose 11.48% to $282.56, Container Store Group Inc. TCS,
rose 5.54% to $4.57, and Macy’s Inc. M,
rose 7.52% to $20.16. Trading volume (16.0 M) eclipsed its 50-day average volume of 15.5 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


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