Goldman Sachs analyst Kate McShane is sticking with her $2 price target on struggling home goods retailer Bed Bath & Beyond (BBBY), which assumes a 75% crash in the stock from current levels. McShane’s biggest concern — among many — is Bed Bath & Beyond winning back enough customers to […]
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Ryan Cohen sells entire stake in Bed Bath & Beyond
GameStop chairman Ryan Cohen has sold his entire position in Bed Bath & Beyond (BBBY), a filing with the SEC on Thursday revealed. Cohen had owned stock and options representing over 9.4 million shares of the retailer, or 11.8% of the company. In addition to news Cohen sold his stake […]
Stocks slide as tech tumbles, Bed Bath & Beyond crashes
U.S. stocks snapped a four-week winning streak on Friday, as all three indexes closed lower on the session and on the week as the summer rally lost momentum. When the closing bell rang on Friday, the tech-heavy Nasdaq was down 2%, while the benchmark S&P 500 was off 1.3%, and […]
Bed Bath & Beyond, GameStop, AMC all surge as meme stock mania makes a comeback
Meme stocks are having a moment. Again. Shares of Bed, Bath & Beyond (BBBY), GameStop (GME), and AMC (AMC) all surged on no news to start the week, with renewed attention on these names from the traders on Reddit’s Wallstreetbets message board investors came to know in early 2021 the […]
Bed Bath & Beyond’s (NASDAQ:BBBY) Short Squeeze may be Risky, but the New Business Model has a Chance
First published on Simply Wall St News Summary: Experienced traders have the advantage when maneuvering a possible short squeeze. This can also work for retail investors that have a plan. BBBY changed the business strategy in 2019 to importing off label products and selling them as their brand – Inflation […]