Shares of Bed Bath & Beyond Inc. BBBY,
shed 2.51% to $10.10 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX,
rising 1.41% to 4,199.12 and the Dow Jones Industrial Average DJIA,
rising 0.98% to 33,291.78. Bed Bath & Beyond Inc. closed $20.04 below its 52-week high ($30.14), which the company reached on August 26th.
The stock underperformed when compared to some of its competitors Thursday, as RH RH,
rose 0.64% to $294.64, Container Store Group Inc. TCS,
rose 2.64% to $7.39, and Macy’s Inc. M,
rose 2.75% to $19.06. Trading volume (33.3 M) remained 10.9 million below its 50-day average volume of 44.2 M.