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The end of meme madness. Bed Bath & Beyond stock closed at $0.29 ahead of the company's bankruptcy filing, down roughly $80 a share from the company's all-time high in December 2013.
On April 23, 2023, after failing to pay off stock, declining sales, high debt, and years of struggling, Bed Bath & Beyond, Buy Buy Baby, and 73 affiliated debtors and entities officially filed for Chapter 11 of the United States Bankruptcy Code in the United States District Court for the District of New Jersey. [70]
The retailer also filed with the SEC to sell up to 12 million additional shares of common stock. Bed Bath & Beyond outlined plans to cut costs by $250 million in its fiscal 2022 and will cut 20% ...
Bed Bath & Beyond has agreed to sell its intellectual property assets to Overstock.com for $21.5 million, according to a document filed Thursday in Bed Bath’s Chapter 11 bankruptcy case.
Bed Bath & Beyond ( BBBY) stock fell 26% to close at 59 cents after the struggling retailer said it would sell up to $300 million in shares. If the equity "offering is not fully consummated", the ...
Bed Bath & Beyond has announced store closures will begin April 26. Sales for the retailer last peaked in 2017 at $12.3 billion, and in its most recent total year of 2021 totaled $7.9 billion.
Bed Bath & Beyond’s “special meeting” for shareholders to vote on a reverse stock split in the range of 1-for-10 to 1-for-20 split is scheduled for Tuesday, May 9, per the filing.
The stock has the second largest short interest for stocks with over $10 million of short interest. The wild advance this week comes as Bed Bath & Beyond didn't utter the world "bankruptcy" on its ...