Should You Sell Bed Bath & Beyond Stock?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) are up more than 20% since news broke that Ryan Cohen took a nearly 10% stake in the home goods retailer. 

Cohen co-founded the pet-focused e-commerce site Chewy, which was acquired by PetSmart for over $3 billion in 2017. He currently serves as chairman of GameStop, which has seen its shares soar after he made a large investment in the video game chain in late 2020. 

Investors are intrigued by Cohen's plans to turn around Bed Bath & Beyond's struggling retail operations and maximize the value of its assets. Yet analysts question whether its stock has come too far, too fast.

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Source Fool.com