Bed Bath & Beyond Shares Surge Despite Liquidity Concerns

Date:



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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

How Amazon orders get to your door as shoppers gear up for Cyber Monday

How Amazon orders get to your door as...

Married GMA Co-Hosts Amy Robach & T.J. Holmes In Months-Long Affair! Caught On Video!

If you happen to’ve ever been watching a...

Use of drugs for weight loss causes shortage

Use of medication for weight reduction causes scarcity...

Lindsey Graham Is Teaming Up With Elizabeth Warren To Regulate Twitter, Apple, Google, And Facebook

Sen. Lindsey Graham introduced that he's working with...