Shares of bankrupt Bed Bath & Beyond Inc. rose 11.2% Monday, with the stock climbing in the face of the company’s well-publicized problems. Bed Bath &...
Shares of bankrupt Bed Bath & Beyond Inc.
rose 11.2% Monday, with the stock climbing in the face of the company’s well-publicized problems. Bed Bath & Beyond continues to attract attention in the manner of a so-called meme stock, even after filing for Chapter 11 bankruptcy protection in April and subsequent delisting from the Nasdaq exchange. The stock has been trading over the counter since May 4 and liquidation sales are under way at hundreds of stores.
rose 11.2% Monday, with the stock climbing in the face of the company’s well-publicized problems. Bed Bath & Beyond continues to attract attention in the manner of a so-called meme stock, even after filing for Chapter 11 bankruptcy protection in April and subsequent delisting from the Nasdaq exchange. The stock has been trading over the counter since May 4 and liquidation sales are under way at hundreds of stores.
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