Shares of Bed Bath & Beyond Inc. BBBY,
lost 3.99% to $ 21.67 on Monday, which turned out to be an all-round positive trading session for the stock market with the S&P 500 Index SPX.
0.09% increase to 4,701.70 and the Dow Jones Industrial Average DJIA,
increased by 0.29% to 36,432.22. The stock’s decline has seen a five-day winning streak behind it. Bed Bath & Beyond Inc. closed $ 32.23 below its 52-week high ($ 53.90) that the company hit on Jan. 27.
The stock underperformed some of its peers on Monday, such as RH RH,
fell 0.32% to $ 657.99, Container Store Group Inc. TCS,
fell 0.29% to $ 13.66, and Macy’s Inc. M,
fell 0.38% to $ 31.22. The trading volume (12.6 million) exceeded its 50-day average volume of 9.8 million.