8/6/2023 0 Comments Bath bath and beyond stock![]() That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That said, for now, this stock remains far too risky, in my view, for the average investor to consider. Ultimately, any sort of bet on BBBYQ is a bet that the retailer will be able to emerge from Chapter 11 protection with something to show for it. I’m sure speculators will continue to pile into this name, looking to play short-term moves in the stock price. That said, BBBYQ will certainly be an interesting stock to watch. That kind of decline doesn’t typically happen, particularly for a company with a brand like Bed Bath & Beyond’s. Over the past three years, BBBY stock is down more than 99%. It’s difficult for investors to swallow what’s amounted to essentially a zero in this stock. However, as we’ve seen with other retailers, this mania hasn’t been enough to save this particular company. An impressive meme-stock rally in BBBY stock took shares of this company on a wild ride in 2021. Shares of BBBY stock are the outlier, to a significant extent. A number of brick-and-mortar retailers have met similar fates since the pandemic began. ![]() As online shopping has outpaced the growth of brick-and-mortar retail, market share dynamics have shifted in what looks to be a permanent fashion.Īs we bid adieu to this retailer, let’s dive into what investors should watch from here.īed Bath & Beyond isn’t an isolated story in the world of retailers. That’s quite an incredible drop and signals just how beat down various retailers have been in recent years. At its height, this retail behemoth was valued at approximately $17 billion in early 2014. At yesterday’s close, Bed Bath & Beyond’s market capitalization shrunk to around $40 million. Shares of BBBYQ stock are now up 35% for the day, with speculators seemingly still seeing some value in the embattled company. However, investors are still able to trade their shares on the over-the-counter market, where Bed Bath & Beyond is now listed under the ticker symbol BBBYQ. ![]() Shares did open around 10 cents this morning, up from around 7 cents at the end of yesterday’s session. Shares of BBBY stock stopped trading today, as the company begins its delisting process. Bed Bath & Beyond (NASDAQ: BBBY) is no more. ![]()
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