Shares of Bed Bath & Beyond Inc. BBBY,
climbed 12.29% to $15.53 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX,
rising 2.43% to 4,431.85 and the Dow Jones Industrial Average DJIA,
rising 1.65% to 34,725.47. The stock’s rise snapped a two-day losing streak. Bed Bath & Beyond Inc. closed $28.98 short of its 52-week high ($44.51), which the company achieved on June 2nd.
The stock outperformed some of its competitors Friday, as RH RH,
rose 6.82% to $391.92, Container Store Group Inc. TCS,
rose 0.41% to $9.82, and Macy’s Inc. M,
fell 0.90% to $25.44. Trading volume (14.7 M) eclipsed its 50-day average volume of 6.8 M.