Why Bed Bath & Beyond Popped 30% Today

Shares of Bed Bath & Beyond (NASDAQ: BBBY) are up 26% as of 10:30 a.m. EDT, after an initial jump up 30%. 

Bed Bath & Beyond reported earnings for the period ending Aug. 29, 2020, and the results pleasantly surprised investors. The home merchandise retailer reported an increase in comparable-store sales for the first time since 2016, led by strong e-commerce growth of 89%. 

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Source Fool.com