Bed Bath & Beyond Inc. Stock Rises Tuesday, Outperforms Market

Realty Income Corp

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Realty Income Corporation is a real estate investment trust. The Company is engaged in acquiring and managing single-unit freestanding commercial properties under a long-term net lease agreement with its commercial clients. The Company owns and operates diversified portfolio of over 11,400 commercial properties. The Company’s properties are leased to over 1,100 different clients who operate in approximately 72 separate industries throughout all 50 states, as well as Puerto Rico, the United Kingdom and Spain. Its properties are leased to retail and industrial clients that have a service, non-discretionary and/or low-price-point component to their business. The Company’s property types include retail, industrial, and agriculture.

Bed Bath & Beyond Inc. Stock Rises Tuesday, Outperforms Market

4:40 pm ET November 22, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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)