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

Shares of Bed Bath & Beyond Inc. BBBY,
rallied 1.95% to $16.19 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX,
rising 0.52% to 4,500.53 and the Dow Jones Industrial Average DJIA,
falling 0.06% to 35,089.74. The stock’s rise snapped a two-day losing streak. Bed Bath & Beyond Inc. closed $28.32 short of its 52-week high ($44.51), which the company reached on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as RH RH,
rose 1.93% to $404.07, Container Store Group Inc. TCS,
rose 3.12% to $9.93, and Macy’s Inc. M,
rose 1.08% to $25.34. Trading volume (5.9 M) remained 1.3 million below its 50-day average volume of 7.1 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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