Shares of Bed Bath & Beyond Inc. extended their bounce on Tuesday, as they rallied 13.8% in premarket trading. The troubled home-goods retailer’s stock had...
Shares of Bed Bath & Beyond Inc. BBBY extended their bounce on Tuesday, as they rallied 13.8% in premarket trading. The troubled home-goods retailer’s stock had shot up 17.6% on Monday, after closing at a record low of 24 cents on Friday. The stock had tumbled 22.6% in three days to Friday, after the company disclosed the sale of more than 100 million shares for about $48.5 million in proceeds. The company could sell up to $300 million worth of stock, under the program.
... Shares of Bed Bath & Beyond Inc. BBBY extended their bounce on Tuesday, as they rallied 13.8% in premarket trading. The troubled home-goods retailer’s stock had shot up 17.6% on Monday, after closing at a record low of 24 cents on Friday. The stock had tumbled 22.6% in three days to Friday, after the company disclosed the sale of more than 100 million shares for about $48.5 million in proceeds. The company could sell up to $300 million worth of stock, under the program.
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