Shares of Bed Bath & Beyond Inc. BBBY,
slipped 7.42% to $ 17.71 on Friday in what turned out to be an all-round great trading session for the stock market on the S&P 500 Index SPX.
0.95% increase to 4,712.02 and the Dow Jones Industrial Average DJIA,
increased by 0.60% to 35,970.99. This was the second consecutive loss day for the stock. Bed Bath & Beyond Inc. closed $ 36.19 below its 52-week high ($ 53.90) the company hit on Jan. 27.
The stock underperformed some of its peers on Friday as RH RH,
fell 0.91% to $ 603.00, Container Store Group Inc. TCS,
fell 1.33% to $ 11.10 and Macy’s Inc. M,
fell 0.19% to $ 26.73. The trading volume (4.6 million) remained 5.5 million below its 50-day average volume of 10.2 million.
Editor’s note: This story was automatically 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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