Bed Bath & Beyond runs hot again as one-week rally extends

Aug. 15, 2022 10:30 AM ETBed Bath & Beyond Inc. (BBBY)By: Clark Schultz, SA News Editor11 Comments

Bed Bath And Beyond Fires Its CEO Amid Struggling Sales

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Bed Bath & Beyond (NASDAQ:BBBY) moved up 9.15% in early trading on Monday on sky-high volume of over 42M shares.

Once again, BBBY is one of the most discussed stocks on StockTwits and Reddit's WallStreetBets as part of a surge in renewed interest in some of the meme stock runners in the early part of 2021.

Shares of Bed, Bath & Beyond (BBBY) moved back over $15 for the first time since the middle part of April and are up more than 50% in just a week.

The stock is not well liked on Wall Street with a consensus Sell rating in place, while the Seeking Alpha Quant Rating is Hold.

Read why Bed Bath & Beyond looks like a $1 stock to Loop Capital Markets.

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