Bed Bath & Beyond Inc. stock underperforms Friday when compared to competitors

Shares of Bed Bath & Beyond Inc. BBBY,
slid 7.67% to $5.42 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX,
falling 2.80% to 3,639.66 and Dow Jones Industrial Average DJIA,
falling 2.11% to 29,296.79. This was the stock’s third consecutive day of losses. Bed Bath & Beyond Inc. closed $24.64 short of its 52-week high ($30.06), which the company achieved on March 7th.

The stock underperformed when compared to some of its competitors Friday, as RH RH,
fell 3.04% to $256.84, Container Store Group Inc. TCS,
fell 0.56% to $5.35, and Macy’s Inc. M,
fell 0.51% to $17.44. Trading volume (6.1 M) remained 47.4 million below its 50-day average volume of 53.5 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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