Bed Bath & Beyond
‘s announcement that it was considering filing for bankruptcy tanked the stock on Thursday. But to those who’ve followed the company for the past few years, the news didn’t come as a surprise.
“When we look at the early waning signals that we pay attention to, like probability of default, this was something that’s been flagged for a couple of years now,” said David Hamilton, Moody’s Analytics’ managing director of predictive analytics.
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