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Bed Bath & Beyond ( NASDAQ: BBBY ) is on watch after a court filing indicated the Canadian operations are going out of business. The Canadian division does not have the "capacity or ability to independently effect a recapitalization or restructuring of the Canadian operations with...
Bed Bath & Beyond (NASDAQ: BBBY) has issued a "going concern" notice. That's basically a warning that a company has to disclose when it is teetering on the brink of bankruptcy. Things have gotten desperate at this point and survival is the goal, not stockholder returns. So the company's...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: QualityHD / Shutterstock.com Bed Bath & Beyond (NASDAQ: BBBY ) has been the meme stock to watch out for in 2023. Shares of the struggling retailer were up by more than 150% year-to-date (YTD) this month, a...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: rafapress / Shutterstock.com AMC Entertainment (NYSE: AMC ) stock is down on Friday after the movie theater company announced another debt payment. That news was announced by CEO Adam Aron on Twitter l...
Coined in 2020, meme stock refers to beaten-down, unprofitable companies with share prices massively inflated by retail investors looking to trigger short squeezes. This type of trading behavior seems to be reemerging in companies like Carvana (NYSE: CVNA) and Be...
Summary The retail chain just successfully raised up to $1.0B from investors, which helped prevent Bed Bath & Beyond's bankruptcy. BBBY crashed 49% on Tuesday and slid another 13% on Wednesday. Bed Bath & Beyond could see a new short squeeze as survival odds have improved an...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Experienced investors should review their portfolios for meme stocks to sell. January’s market rebound brought back buying in outdated meme stocks, but it’s time to get out while you can. When the Federal Rese...
Summary Recently, Bed Bath & Beyond priced an offering of convertible preferred stock, as well as warrants to purchase further preferred shares and common stock. The deal could keep the New Jersey-based company out of bankruptcy for another few months potentially. It had been ca...
Summary Bath & Body Works revenue of $1.6 billion in Q3 2022, indicating a decline of 4.55% (Y/Y), beat Wall Street revenue estimates by $47.68 million. The company is revisiting all its promotions and adjusting pricing plans to combat the rising inflationary pressures. BBWI see...
Bed Bath & Beyond ( NASDAQ: BBBY ) said Tuesday it expects to close some stores under its namesake banner, and anticipates to ultimately operate about 360 stores, and about 120 buybuy BABY stores, across the U.S. The company said it has identified "significant opport...
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