Shares of Bed Bath & Beyond Inc.
slipped 0.74% to $28.33 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.18% to 4,387.16 and Dow Jones Industrial Average
falling 0.28% to 34,838.16. This was the stock’s third consecutive day of losses. Bed Bath & Beyond Inc. closed $25.57 short of its 52-week high ($53.90), which the company reached on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as RH
fell 0.95% to $657.77, Container Store Group Inc.
rose 1.52% to $10.68, and Macy’s Inc.
rose 0.47% to $17.08. Trading volume (1.6 M) remained 7.3 million below its 50-day average volume of 8.8 M.
View more information: https://www.marketwatch.com/story/bed-bath-beyond-inc-stock-outperforms-competitors-despite-losses-on-the-day-01627936800-c917b54cb57d