3 Years Ago
1 Min Read
BBBY is making big moves today. Find out why the stock is trading 32% higher:
Shares of Bed Bath & Beyond (BBBY) are trading 14% higher at a price of $10.07 at the time of this writing. While it's a cheerful day for the Consumer Discretionary sector in general, the stock is rapidly outperforming it's peers.
The share price is likely moving on news that BBBY had secured short term financing that would help the embattled meme retailer maintain it's liquidity. The share price has been whipsawing wildly the past few weeks.
Bed Bath & Beyond has been trading between a 52-week high of $30.14 and a 52-week low of $4.38. The stock has a market cap of $929 Million.
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets.
The share price is likely moving on news that BBBY had secured short term financing that would help the embattled meme retailer maintain it's liquidity. The share price has been whipsawing wildly the past few weeks.
Bed Bath & Beyond has been trading between a 52-week high of $30.14 and a 52-week low of $4.38. The stock has a market cap of $929 Million.
Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
Better-Ad-5244 - 78 upvotes - source
F* those FOmOs... bbby is back🚀🚀
AngryCleric - 33 upvotes - source
I hope all these fucking bbby bagholders make lots of money and lead fulfilling lives.
Tiki_Marsala - 33 upvotes - source
My body telling me no, but that BBBY KEEP TELLING ME YESSSS
Crypto_Frog92 - 31 upvotes - source
SO IS THIS THE REAL BBBY SQUEEZE?!
bipolar_902 - 29 upvotes - source
Can we get a BBBY thread please?
lJustLurkingl - 26 upvotes - source
Cant wait for the "I sold BBBY after a huge loss, bought back, and lost again" threads.
kyro1080p - 26 upvotes - source
Gotta love it. It worked for them before but we now see thru the boys. Probably going to see a lot of “sell bbby” type posts today and they are all obviously fake. Remember to look at the user and see their post history.
DullBoysenberry7885 - 22 upvotes - source
BBBY megathread where
crystal564 - 22 upvotes - source
THIS IS BBBY MEGATHREAD NOW
cFL211 - 21 upvotes - source
If BBBY reaches 30$ today I'll tattoo the wsb logo on my arm
Better-Ad-5244 - 78 upvotes - source
F* those FOmOs... bbby is back🚀🚀
AngryCleric - 33 upvotes - source
I hope all these fucking bbby bagholders make lots of money and lead fulfilling lives.
Tiki_Marsala - 33 upvotes - source
My body telling me no, but that BBBY KEEP TELLING ME YESSSS
Crypto_Frog92 - 31 upvotes - source
SO IS THIS THE REAL BBBY SQUEEZE?!
bipolar_902 - 29 upvotes - source
Can we get a BBBY thread please?
lJustLurkingl - 26 upvotes - source
Cant wait for the "I sold BBBY after a huge loss, bought back, and lost again" threads.
kyro1080p - 26 upvotes - source
Gotta love it. It worked for them before but we now see thru the boys. Probably going to see a lot of “sell bbby” type posts today and they are all obviously fake. Remember to look at the user and see their post history.
DullBoysenberry7885 - 22 upvotes - source
BBBY megathread where
crystal564 - 22 upvotes - source
THIS IS BBBY MEGATHREAD NOW
cFL211 - 21 upvotes - source
If BBBY reaches 30$ today I'll tattoo the wsb logo on my arm
Recommended Articles
