Why Bed Bath & Beyond Stock Soared Again Today
Shares of meme stock Bed Bath and Beyond (NASDAQ: BBBY) were surging again today as rumors swirled ahead of the company's strategic update Wednesday morning.
The stock finished the day up 24.8%.
Bed Bath and Beyond stock has been on a roller-coaster ride over the past month as traders from Reddit's WallStreetBets executed a short squeeze on the retail stock, which had 103% of its float sold short as of a month ago.
Source Fool.com
