Bed Bath & Beyond Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Bed Bath & Beyond Inc. (BBBY) rose 4.88% to $3.33 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Bed Bath & Beyond Inc. closed $26.73 below its 52-week high ($30.06), which the company achieved on March 7th.
The stock outperformed some of its competitors Wednesday, as RH (RH) rose 2.29% to $276.45, Container Store Group Inc. (TCS) rose 1.26% to $4.84, and Macy's Inc. (M) fell 0.80% to $23.42. Trading volume (9.8 M) remained 2.0 million below its 50-day average volume of 11.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:40 ET (21:40 GMT)
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