Bed Bath & Beyond Shares Surge Despite Liquidity Concerns


Mattress Bathtub & Past Inc. shares soared as a lot as 70% on Tuesday earlier than retreating to shut up 29%, defying latest analysts’ warnings over the retailer’s exaggerated valuation given its shrinking liquidity.

The inventory of the home-goods firm modified arms at as excessive as $28.04 a share intraday and closed at $20.65, surging from $8.88 on Aug. 9.


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