Bed Bath & Beyond Inc. Stock Falls Friday, Underperforms Market
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Shares of Bed Bath & Beyond Inc. (BBBY) shed 2.03% to $3.38 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's fifth consecutive day of losses. Bed Bath & Beyond Inc. closed $26.68 below 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 Friday, as RH (RH) fell 4.70% to $274.95, Container Store Group Inc. (TCS) fell 0.44% to $4.50, and Macy's Inc. (M) fell 1.94% to $22.23. Trading volume (6.6 M) remained 5.9 million below its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:39 ET (21:39 GMT)
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