Why Bed Bath & Beyond Stock Just Popped 10%
Shares of Bed Bath & Beyond (NASDAQ: BBBY) -- down 52% over the past year -- surged today on news that it may be selling some of its assets.
The stock is trading 10% higher as of 3:30 p.m. EDT, apparently in response to a report on corporate transaction information website The Deal, which said that Bed Bath & Beyond has hired Goldman Sachs to run an "auction process" for it.
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Source Fool.com
