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Bed Bath & Beyond, the retail company, has achieved both a significant financial and psychological victory. Click here to read my analysis of BBBY stock.
Bed Bath & Beyond's stock continues to be whipped up into a speculative fervoras traders place bets the retailer somehow averts bankruptcy โ€” triggering massive covering by short-sellers.
Bed Bath & Beyond stock jumped 30% Monday after last week's heavy losses. The home furnishings retailer reported a bleak financial outlook and potential bankruptcy on Thursday.
Chevy Chase and Martin Short separately recalled their meeting with Frank Sinatra, and both stories ended with a cringe moment.
Bed Bath & Beyond's stock is already up over 310% in the last few weeks. The retailer had been a comfortable target for short sellers, due to its questionable fundamentals.
Bed Bath & Beyond also announced earnings for the first quarter of its 2022 fiscal year Wednesday that fell well short of analyst expectations: its $2.83 loss per share in the three-month period ...