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Bed Bath & Beyond surges as meme traders pour in amid reports the ailing retailer is prepping for bankruptcy

Wed, 04/19/2023 - 13:16

BBBY stock — Bed Bath & Beyond stocks are plummeting after meme-stock champion Ryan Cohen cashed in on his entire stake for $58 million.
Nam Y. Huh/AP Photo

Markets, MI Exclusive, Bed Bath & Beyond, BBBY stock price, bbby, meme stock, meme stock rally

Bed Bath & Beyond's ousted CEO says he's not to blame for the company's failed turnaround and demands his $6.7 million severance

Tue, 04/04/2023 - 09:36

People walk past a Bed Bath & Beyond store in New York City. — People walk past a Bed Bath & Beyond store in New York City.
Michael M. Santiago/Getty Images

Retail, News, Law, Bed Bath & Beyond, bbby, Mark Tritton, Lawsuits

Bed Bath & Beyond is reportedly skipping on severance payments for workers

Thu, 03/16/2023 - 16:47

Bedding BBBY Louisville — Denying severance for store employees could complicate efforts to finish selling inventory, as some workers are quitting their jobs weeks before their locations actually close, Bloomberg reported.
Ben Tobin

Retail, News, Bed Bath & Beyond, bbby, Severance, store closures, Bloomberg

Bed Bath & Beyond's stock has crashed to earth after a rollercoaster ride that defied gravity. Here's a timeline of its chaotic journey, fueled by meme-stock craze and mounting debt.

Sun, 03/05/2023 - 05:00

Bed Bath & Beyond — A Bed Bath & Beyond store.
SOPA Images / Contributor

Markets, MI Exclusive, Bed Bath And Beyond, Bed Bath & Beyond outlook, Bed Bath & beyond stock, bed bath & beyond meme stock, Meme stocks

'Big Short' legend Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock's epic rise and fall

Sat, 03/04/2023 - 06:00

Michael Burry Getty — Michael Burry.
Kevin Mazur/WireImage

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, Meme stocks

Bed Bath & Beyond used to have over 1,000 stores. Soon, it will have just 360.

Fri, 02/10/2023 - 17:15

Bedding BBBY Louisville — Bed Bath & Beyond's target retail footprint would be a mere shadow of the peak of just five years ago when the company boasted 1,552 locations in North America.
Ben Tobin

Retail, News, Bed Bath & Beyond, bbby, Buybuy Baby, Store closings, Big Box

AI stocks are soaring in a meme-like frenzy. Here's why investors won't have to rely on Reddit enthusiasm to sustain the rally.

Wed, 02/08/2023 - 13:54

Artificial intelligence stocks have seen a spike in investor interest, like meme-stocks did in 2021. — The rise of ChatGPT has sparked a boom in AI-related stocks and chip-makers.
NurPhoto/Getty Images; Phil Rosen/Insider

Markets, MI Exclusive, ChatGPT, AI, Stocks, Stock Market, Artificial Intelligence

Meme stock darling Bed Bath & Beyond is ready to file for bankruptcy this week, report says

Tue, 01/31/2023 - 05:04

Customer walks into Bed Bath & Beyond store — Bed Bath & Beyond is preparing to file for bankruptcy as early as this week, according to Reuters.
Michael Santiago/Getty Images

Markets, MI Exclusive, Bed Bath & Beyond, Bed Bath & beyond stock, bbby, bbby stock, BBBY stock price

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