Bed Bath & Beyond Files for Chapter 11 Bankruptcy after Failing to Raise Funds
Bed Bath & Beyond has been struggling to maintain its operations since the beginning of 2023 with BBBY stock correcting over 88% year-to-date.
BBBY Shares Plunge 24% as Bed Bath & Beyond Hints at Bankruptcy
Amid the growing concern in the shares of BBBY, the stock is down by as much as 23.23% after previously hitting an All-Time Low (ATL).
Bed Bath & Beyond CFO Died by Suicide amid ‘Pump and Dump’ Probe, BBBY Stock Down 15%
The shares of Bed Bath & Beyond have been considered a meme stock in the past year, and the company said it was selling some of its stock last month to finance some of its core operations.
BBBY Shares Experience Bloodbath as Bed Bath & Beyond Reveals Plans to Sell Its Stocks
While the overall outlook of the firm was further dampened with star investor Ryan Cohen offloading a huge chunk of his stake in the company, Bed Bath is committed to winning back the confidence of its customers, investors, and suppliers.
Bed Bath & Beyond (BBBY) Stock Up 15% after Announcement of Strategic Changes
Bed Bath & Beyond stock has gained approximately 8.67%, 33.84%, and 41.19% in the past ten months, one month, and five days respectively.
Bed Bath & Beyond (BBBY) Stock Down 10% in Pre-market, Company Plans to Close 200 Stores
Bed Bath & Beyond said it plans to close about 200 Bed Bath & Beyond stores over the next two years to help save about $250 million to $350 million a year. BBBY stock price is down in the pre-market.