Bed Bath & Beyond stock crashes 22% as the struggling retailer hints at potential bankruptcy

Jan 5 2023 by Business Insider

 
A Bed Bath & Beyond store.

Artur Widak/NurPhoto via Getty Images

Bed Bath & Beyond stock fell over 20% Thursday.  The retailer said there is doubt as to whether it can continue to fund its operations, and that its third quarter sales have tumbled. It said Thursday that it would explore strategic options, including filing for bankruptcy. 

Shares of Bed Bath & Beyond crashed more than 20% Thursday as the company said it would explore strategic moves to restructure its debt, which could include...

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