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Shares of Bed Bath & Beyond Inc. (BBBY) shed 1.64% to $5.99 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.59% to 3,678.43 and the Dow Jones Industrial Average rising 2.66% to 29,490.89. This was the stock's third consecutive day of losses. Bed Bath & Beyond Inc. closed $24.07 below its 52-week high ($30.06), which the company reached on March 7th.
The stock underperformed when compared to some of its competitors Monday, as RH (RH) rose 3.33% to $254.26, Container Store Group Inc. (TCS) rose 5.92% to $5.19, and Macy's Inc. (M) rose 2.68% to $16.09. Trading volume (6.2 M) remained 47.2 million below its 50-day average volume of 53.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 3, 2022.
(END) Dow Jones Newswires
October 03, 2022 16:39 ET (20:39 GMT)
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