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Hickey and Walters (Bespoke) submit: Bed Bath & Beyond (NASDAQ:BBBY) is currently trading down 6.10% after guiding first quarter earnings lower yesterday afternoon. The stock has gapped down more than five percent 14 other times (ex-9/11 days) in its history. We analyzed these 14 days and found that the stock averages a 1.93% gain from the open to the close after gapping down this much.

down gaps

Source: Bed Bath & Beyond Gaps Down More Than 5%: Stock Usually Gains Following