S&P Global Ratings downgraded Bed Bath & Beyond's credit Friday
Bed Bath & Beyond Inc.’s stock slid more than 3% before market open Monday amid mounting problems for the beleaguered retailer and sometime meme-stock darling.
The default filing sent Bed Bath... Bed Bath & Beyond Inc.’s stock slid more than 3% before market open Monday amid mounting problems for the beleaguered retailer and sometime meme-stock darling. The default filing sent Bed Bath & Beyond’s stock plunging, although it rallied to end Friday’s session up 1.2%, outpacing the S&P 500 Index’s SPX 0.3% gain.
On Jan. 10, Bed Bath & Beyond announced the closure of almost 130 stores, just days after saying it may need to declare bankruptcy.
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