Bed Bath & Beyond stock rockets a day ahead of ‘strategic update’

Bed Bath & Beyond stock rockets a day ahead of ‘strategic update’

Business
August 29, 2022 by secret
206
[ad_1] Shares of Bed Bath & Beyond Inc. soared Monday, as meme-stock investors expressed optimism a day ahead of the home goods retailer’s strategic update. The stock rocketed 27.4% in afternoon trading, while the S&P 500 index SPX, -0.35% slipped less than 0.1%. On Friday, the stock had climbed 5.9% while the S&P 500 tumbled