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Shares of Bed Bath & Beyond Inc. (BBBY) slipped 8.39% to $4.04 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's sixth consecutive day of losses. Bed Bath & Beyond Inc. closed $26.02 short of its 52-week high ($30.06), which the company reached on March 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as RH (RH) fell 6.58% to $233.97, Container Store Group Inc. (TCS) fell 11.96% to $4.49, and Macy's Inc. (M) fell 5.96% to $19.57. Trading volume (11.9 M) remained 12.4 million below its 50-day average volume of 24.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 16:40 ET (20:40 GMT)
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