Tag: Bed Bath & Beyond stock

Struggling retail chain Bed Bath & Beyond has presented a new reorganization plan to New Jersey’s U.S. Bankruptcy Court this week, under which the company’s shareholders would receive “zero recovery.” Bed Bath & Beyond filed for Chapter 11 bankruptcy back in April after several failed...

It appears that the retailer Bed Bath & Beyond failed in its attempts to avoid bankruptcy. According to a report by Wall Street Journal, the company is currently “preparing” to file for Chapter 11 and is expected to do so as early as this...

Struggling retailer Bed Bath & Beyond is making another significant move in an attempt to avoid bankruptcy. In a press release made on Friday, the company announced its plans to seek approval from its shareholders for a reverse stock split. The proposed split is set...

Netflix shares advanced during after-hours trading on Thursday while Nordstrom and Bed Bath and Beyond fell. Netflix's rise came after the release of its fourth-quarter financial results. While the streaming platform's revenue was $7.85 billion—falling short of $7.86 billion—its addition of 7.66 million subscribers far...

In a statement published on Thursday, Bed Bath & Beyond announced that bankruptcy could be an option should the company continue to experience its ongoing financial struggles. The retailer's shares were down 17% following the statement's release. "The Company continues to consider all strategic alternatives...

Bed Bath & Beyond stock (BBBY) has been in free fall in recent months due to the company’s struggles and poor results in 2022. The BBBY is currently at $6.09 per share, around 60% down year-to-date, but experts say even this is too high...