Tue, Apr 25, 2023
There was mixed action in the US markets amid volatility. The Dow closed up 70 points amid trading in a range of 170 points. Whereas, Nasdaq declined 0.3%. Light buying was seen in the shares related to the economy. The 10-year bond yield slipped below 3.5%. First Republic Bank shares fell 22% in post-market trading. Customers of First Republic Bank pulled more than $100 billion in deposits out of the bank during last month's crisis. Shares of Bed Bath & Beyond fell 35%.
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Bed Bath and Beyond news today: The chain, which has faced financial troubles for years, recently said it would cut jobs and close 150 stores, the BBC reported.
Tue, Feb 07, 2023
Bed Bath & Beyond has been part of the meme stock phenomenon, with shares skyrocketing as much as 400% in 2021 when activist investor and Gamestop Corp (GME.N) chairman Ryan Cohen took a stake and sought changes.
Fri, Jan 06, 2023
Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks. What impact will be on Welspun India? Know full details with Arman Nahar.
Private payroll data was better than expected. Private payroll rose from 1.5 lakh to 2.35 lakh in November. Today market will eye on the December job data. The unemployment rate in US is estimated to be 3.7%. Bed Bath & Beyond fell 30%. Walgreens fell 6% on weak results. Microsoft shares fell for the second day in a row. Amazon fell 2% on news of layoffs.
Fri, Nov 18, 2022
US markets remained weak for the second day amid heavy volatility. The Dow Jones traded with a range of 400 points. However, after a weak start, the US market recovered and Dow Jones improved 300 points to close flat. The Russell 2000 index slipped 0.75%. Bed Bath & Beyond jumped 25% on the basis of the results. The speech of several Fed speakers affected the mood of the market. UK increased tax in budget, proposed to reduce expenditure. Meanwhile, the pound declined by 1%.
Tue, Sep 06, 2022
Bed Bath & Beyond CFO death news: Arnal joined the company in May 2020 after previous stints at Avon, Walgreens Boots Alliance and Procter & Gamble.
Wed, Aug 17, 2022
The stock has surged nearly 60 per cent almost every week in the last one month.
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