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

Shares of Bed Bath & Beyond Inc. BBBY,
lost 2.28% to $ 14.13 on Tuesday, which turned out to be an all-round favorable trading session for the stock market with the S&P 500 Index SPX.
+ 0.18%
rose 0.18% to 4,574.79 and the Dow Jones Industrial Average DJIA,
+ 0.04%
0.04% increased to 35,756.88. The stock’s decline has seen a three-day winning streak behind it. Bed Bath & Beyond Inc. closed $ 39.77 below its 52-week high ($ 53.90) that the company hit on Jan. 27.

The stock showed mixed performance on Tuesday compared to some of its competitors, including RH RH,
fell 1.49% to $ 659.32, Container Store Group Inc.TCS,
fell 4.95% to $ 10.36 and Macy’s Inc.M,
fell 2.01% to $ 26.29. The trading volume (4.1 million) remained 916,884 below its 50-day average volume of 5.0 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.


Leave a Comment