Bed Bath & Beyond Inc. stock underperforms Thursday when compared to competitors despite daily gains

Shares of Bed Bath & Beyond Inc. BBBY,
rose 4.40% to $8.54 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX,
rising 1.99% to 4,057.84 and the Dow Jones Industrial Average DJIA,
rising 1.61% to 32,637.19. This was the stock’s second consecutive day of gains. Bed Bath & Beyond Inc. closed $35.97 short of its 52-week high ($44.51), which the company reached on June 2nd.

The stock underperformed when compared to some of its competitors Thursday, as RH RH,
rose 8.68% to $278.41, Container Store Group Inc. TCS,
rose 5.05% to $7.49, and Macy’s Inc. M,
rose 19.31% to $22.92. Trading volume (6.6 M) eclipsed its 50-day average volume of 5.6 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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