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Why Bed Bath & Beyond Plunged Today

TheMotleyFool

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Shares of Bed Bath & Beyond (NASDAQ: BBBY) were spiraling today as the company posted a dismal, preliminary third-quarter earnings report and warned that it could be forced into bankruptcy.

As of 3:06 p.m. EST, the stock was down 24.2%, falling below $2 a share.

Image source: Getty Images.

Source Fool.com

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