Bed Bath & Beyond Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Bed Bath & Beyond Inc. (BBBY) slid 1.15% to $3.45 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the stock's fourth consecutive day of losses. Bed Bath & Beyond Inc. closed $26.61 below its 52-week high ($30.06), which the company reached on March 7th.
The stock underperformed when compared to some of its competitors Thursday, as RH (RH) fell 0.90% to $288.50, Container Store Group Inc. (TCS) fell 0.66% to $4.52, and Macy's Inc. (M) rose 15.02% to $22.67. Trading volume (8.8 M) remained 4.0 million below its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 16:40 ET (21:40 GMT)
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