Bed Bath & Beyond Inc. stock rises Wednesday, outperforms market

Shares of Bed Bath & Beyond Inc. BBBY,
rallied 4.74% to $8.18 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX,
rising 0.95% to 3,978.73 and the Dow Jones Industrial Average DJIA,
rising 0.60% to 32,120.28. The stock’s rise snapped a three-day losing streak. Bed Bath & Beyond Inc. closed $36.33 short of its 52-week high ($44.51), which the company achieved on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as RH RH,
rose 4.01% to $256.17, Container Store Group Inc. TCS,
rose 5.01% to $7.13, and Macy’s Inc. M,
rose 9.09% to $19.21. Trading volume (7.6 M) eclipsed its 50-day average volume of 5.5 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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