Another Chain Retailer Filed for Bankruptcy
Another chain retailer has filed for bankruptcy. The bankruptcy bug has hit Bed, Bath & Beyond.
Bed Bath and Beyond Gets Investor Backing
Bed Bath and Beyond struck a deal to get investor funding for $1 billion in capital to help fight off declaring bankruptcy.
Bed, Bath & Beyond Missed Its Interest Payments
Ahead of them possibly filing for chapter 11, Bed Bath & Beyond has missed its interest payments on its bonds. The company failed to pay over $28 million in interests.
Bed, Bath & Beyond Said Banks Have Cut Their Credit Lines
Bed, Bath & Beyond said that banks say they have defaulted thus their credit lines have been cut off.
Stocks Were a Mixed Bag Today
AMC Entertainment fell 1.3%, Bed Bath & Beyond fell 8%, Conagra fell 1.8%, Dow Jones Imdustrials Average fell 0.5%, GameStop rose 1.3%, Nasdaq fell 0.1%, S&P 500 fell 0.1% and…
Stocks Take a Hit Today
The Dow Jones Industrials Average fell 1.1%, Nasdaq fell a whopping 3.3%, the S&P 500 fell 1.9%, Alphabet dropped 4.6%, Bed Bath and Beyond fell a whopping 11%, GameStop fell…
Bed, Bath and Beyond Stock Rose
Bed, Bath and Beyond’s stock price rose in a rapid run-up.