Tag Archives: Bed Bath & Beyond Inc

Stocks making the biggest moves midday: Lordstown Motors, Oatly, Square and more

Cartons of Oatly brand oat milk are arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lordstown Motors — The electric truck maker’s stock fell 18.8% after announcing CEO Steve Burns and […]

Stocks making the biggest moves midday: Chewy, Biogen, Snowflake and more

Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped 3.3%. The firm presented its financial targets at its investor day meeting on Thursday, aiming […]

GameStop sales rise 25% as retailer chases e-commerce growth, says it may sell 5 million shares

SELINSGROVE, PENNSYLVANIA, UNITED STATES – 2021/01/27: A woman walks past the GameStop store inside the Susquehanna Valley Mall. An online group sent share prices of GameStop (GME) and AMC Entertainment Holdings Inc. (AMC) soaring in an attempt to squeeze short sellers. Photo by Paul Weaver/SOPA Images/LightRocket via Getty Images GameStop‘s sales rose 25% in the […]

Cramer says meme stocks ‘should be offered at the casino,’ not on Wall Street

CNBC’s Jim Cramer said Wednesday that trading meme stocks is more like gambling than investing. “It’s exciting. It’s fun, and it’s real,” Cramer said on “Squawk Box.” However, he added, “If you’re going to play it, I think that you can, I don’t know, go to the casino. These should be offered at the casino. […]

‘Nothing changed overnight’ to make Wendy’s a better bet, trader says as stock sees Reddit interest

Retail traders are taking a fresh look at Wendy’s. Shares of the fast-food chain surged about 26% to records on Tuesday after a post in Reddit’s popular WallStreetBets forum pitched Wendy’s as “the perfect stock” for the group on account of its signature products and “effective” social media presence. It’s the latest so-called meme stock […]

Stocks making the biggest moves midday: AMC, Carnival and Eli Lilly

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Check out the companies making headlines in midday trading. AMC Entertainment — The meme stock jumped another 17% in heavy trading following an 83% rally last week. Enthusiastic retail investors […]

Interactive Brokers founder: Don’t short AMC, meme stocks — they can soar to ‘unimaginable highs’

Interactive Brokers Group, Inc. Chairman and CEO Thomas Peterffy. Mike Segar | Reuters Interactive Brokers founder and chairman Thomas Peterffy on Monday issued a warning to investors betting against so-called meme stocks like AMC Entertainment. “It is extremely tempting to short these stocks, but unless you have huge liquid resources, please try to resist the temptation […]

Stocks making the biggest moves midday: AMC, BlackBerry, Ford and more

Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. AMC Entertainment — The movie theater operator’s shares closed 18% lower after AMC said it may offer and sell up […]

Express stock tumbles after retailer announces plan to sell 15 million shares

A shopper carries an Express Inc. bag while walking in the Center City neighborhood of Philadelphia Pennsylvania, U.S., on Friday, June 24, 2016. Charles Mostoller | Bloomberg | Getty Images Shares of the retailer Express tumbled more than 22% Thursday, after the clothing retailer announced plans to sell up to 15 million shares. Express plans […]

Ex-TD Ameritrade CEO warns meme stock traders that leverage could ‘rip your arms off’

Joe Moglia, former CEO of online trading platform TD Ameritrade, issued a stern warning Thursday about using leverage to try to outsize returns in meme stocks. “My biggest concern is what’s going on with the individual investor” using borrowed money to trade more than they have, Moglia told CNBC’s “Squawk Box,” as AMC Entertainment shares […]

Bed Bath & Beyond shares surged more than 60%, buoyed by meme stock mania, product news

Shares of Bed Bath & Beyond surged about 50% in trading Wednesday afternoon as a number of so-called meme stocks rallied. The stock had been in positive territory after the retailer said it would launch three private label brands this quarter, putting a key element of its turnaround strategy ahead of schedule. However, the stock […]

Amazon Prime Day set for June 21 and 22

An Amazon fulfillment center in Frankenthal, Germany. Thorsten Wagner | Bloomberg | Getty Images Amazon is bringing its Prime Day megasale back to its normal summertime schedule after the company last year postponed the annual event due to the coronavirus pandemic. The company announced Wednesday that this year’s Prime Day will take place on June […]

Bed Bath & Beyond quarterly sales tumble 16%, as store closures and divestitures hurt results

Source: Bed Bath & Beyond Bed Bath & Beyond on Wednesday reported a double-digit decline in fiscal fourth-quarter sales, as ongoing store closures and divestments that are part of a bigger turnaround plan continue to weigh on results. Its shares were falling around 2% in premarket trading. The big-box retailer reaffirmed a prior sales outlook […]