Bed Bath & Beyond Inc. stock rises Tuesday, still underperforms market

Shares of Bed Bath & Beyond Inc. BBBY,
inched 0.30% higher to $6.70 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX,
rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA,
rising 2.15% to 30,530.25. This was the stock’s second consecutive day of gains. Bed Bath & Beyond Inc. closed $32.60 short of its 52-week high ($39.30), which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as RH RH,
rose 0.05% to $245.56, Container Store Group Inc. TCS,
rose 0.43% to $7.08, and Macy’s Inc. M,
rose 0.30% to $19.93. Trading volume (5.4 M) remained 289.176 below its 50-day average volume of 5.7 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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