Why Bed Bath & Beyond Stock Dove 27% This Week
Bed Bath & Beyond (NASDAQ: BBBY) shareholders lost ground to a falling market this week, with the stock dropping 27% by Thursday afternoon compared to a 2.6% slump for the S&P 500.
The decline put the specialty retailer back in negative territory for the year after having jumped nearly 200% at one point. It was sparked by disappointing earnings results.
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Source Fool.com