It has been a tumultuous summer for Bed Bath & Beyond, shifting from a struggling big-box retailer to a meme trader’s favorite stock. Like many other brick-and-mortar retailers, Bed Bath & Beyond has experienced a plethora of challenges in its corporate history. So, how did the American chain of international merchandise retail stores get to…
AMC, Bed Bath & Beyond Tank as Meme Stock Frenzy Crushed
Shares of meme traders’ stock favorites, including AMC Entertainment Holdings and Bed Bath & Beyond, cratered during Monday’s trading session. The struggling theater chain plummeted as much as 38 percent, to around $11 a share, while the retailer fell nearly 12 percent, to under $10. These stocks had enjoyed significant gains until late last week….
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