Bed Bath & Beyond has surged 105% in 3 days as the meme stock rallies in the face of potential bankruptcy

Jan 11 2023 by Business Insider

 
A Bed Bath & Beyond store in New York City.

Michael Santiago/Getty Images

Bed Bath & Beyond stock soared 42.2% on Wednesday, marking a third straight gain. The rally comes amid warnings of a potential bankruptcy and a bleak third-quarter report. Akin to GameStop and AMC, Bed Bath & Beyond has been a favorite among meme-stock traders.

Bed Bath & Beyond has surged 105% in the past three days as the stock rallies in the face of financial headwinds and outsized losses.

On Wednesday, shares were up...

Continue Reading Bed Bath & Beyond has surged 105% in 3 days as the meme stock rallies in the face of potential bankruptcy