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Shares of Bed Bath & Beyond Inc. (BBBY) slid 5.32% to $3.74 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Bed Bath & Beyond Inc. closed $26.32 short of its 52-week high ($30.06), which the company achieved on March 7th.
The stock underperformed when compared to some of its competitors Monday, as RH (RH) fell 2.10% to $285.22, Container Store Group Inc. (TCS) fell 2.83% to $4.80, and Macy's Inc. (M) fell 2.33% to $20.52. Trading volume (25.2 M) eclipsed its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 16:40 ET (21:40 GMT)
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