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Shares of Bed Bath & Beyond Inc. (BBBY) shed 4.18% to $6.19 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.11% to 3,640.47 and Dow Jones Industrial Average falling 1.54% to 29,225.61. The stock's fall snapped a two-day winning streak. Bed Bath & Beyond Inc. closed $23.87 below its 52-week high ($30.06), which the company achieved on March 7th.
The stock underperformed when compared to some of its competitors Thursday, as RH (RH) fell 3.29% to $250.51, Container Store Group Inc. (TCS) fell 4.03% to $5.00, and Macy's Inc. (M) fell 4.17% to $15.84. Trading volume (14.1 M) remained 39.3 million below its 50-day average volume of 53.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 29, 2022.
(END) Dow Jones Newswires
September 29, 2022 16:40 ET (20:40 GMT)
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