Why Bed Bath & Beyond Stock Dropped 15% in October
Shares of Bed Bath & Beyond (NASDAQ: BBBY) fell 15% last month, according to data from S&P Global Market Intelligence, as the home-goods retailer continued to reel from a weak earnings report in September. There was little news out on the stock in October, but analyst downgrades and general retail malaise continued to push it downward.
The stock fell steadily over the course of the month, as investors continued to lose faith in Bed Bath & Beyond and its peers.
Source: Fool.com