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Shares of Bed Bath & Beyond Inc. (BBBY) advanced 2.09% to $3.18 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. The stock's rise snapped a six-day losing streak. Bed Bath & Beyond Inc. closed $26.89 short of its 52-week high ($30.06), which the company reached on March 7th.
The stock underperformed when compared to some of its competitors Tuesday, as RH (RH) rose 2.71% to $270.25, Container Store Group Inc. (TCS) rose 6.70% to $4.78, and Macy's Inc. (M) rose 4.10% to $23.61. Trading volume (7.2 M) remained 4.7 million below its 50-day average volume of 12.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:40 ET (21:40 GMT)
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