Shares of Bed Bath & Beyond (BBBY) are trading 18% higher at a price of $5.27 at the time of this writing. Bed Bath & Beyond has been trading between a 52-week high of $31.7 and a 52-week low of $4.38. The stock has a market cap of $421 Million.

Why Bed Bath & Beyond Stock Is Trading Higher

Benzinga 07-07-22

Bed Bath & Beyond''s new CEO bets big that the company won''t go under

Yahoo Finance 07-07-22

Bed Bath & Beyond Stock Revives as Insiders up Their Stakes

TipRanks 07-07-22

Is The Stock A Good Investment? Revlon, Inc. (NYSE:REV), Bed Bath & Beyond Inc. (NASDAQ:BBBY)

Stock Equity 07-06-22

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse:

snippythehorses - 895 upvotes - source
🤣 not only are analysts visiting BBBY stores and declaring the AC is off to cut costs, now they use time machines and can tell you what earnings will be with absolute certainty 💀

thesimpsonbrand - 353 upvotes - source
keep an eye on bbby too. all the same build up as gme in 2020 with the company share buyback, RC buys 10%, fewer than 100m shares, ceo gets fired. it’s dirt cheap right now with huge short interest. they are connected, just look at AH prices now.

thesimpsonbrand - 187 upvotes - source
i’m truly not the retard to explain this but i’ll try. both companies are naked shorted to shit by institutions tied with big money who want to bankrupt their retail competition. i don’t know much about how trading swaps works, but there are a few companies in this meme basket who move together and are highly correlated. a floating theory suggests their swaps would blow up if another company in the basket were to squeeze. enter bbby. lowest market cap since 1996, down some 83% in only a few months on pretty good news. all of parallels are the same to gme 2020 and a bunch of us want wsb to buckle the fuck up and join us.

HatLover91 - 172 upvotes - source
> they are connected, just look at AH prices now. Basket Swap theory. Someone shorted a retail basket with BBBY and GME. Look, there is no reason why BBBY should spike on a GME stock split as dividend announcement unless there was some derivative/basket position that must be balanced.

Used_Ad2080 - 166 upvotes - source
This is a combo attack, gme annouce stock split and bbby insider buy on same day! Triple damage.

Runaround46 - 152 upvotes - source
Bbby subreddit up 30% more ppl in like 2 weeks

Leavingtheecstasy - 146 upvotes - source
Bbby Fud was crazy. All these reports popping out right at earnings... Suspicious

Slut_Spoiler - 77 upvotes - source
Who wants to get spoiled? Cohen does the splividend Half the floats dividend goes to the DRSd shares. Other half goes to brokers Wtfwhereisthe_restofit.jpg Naked shorting printers running full blast Can't distribute the shares fast enough and GME says DTC have failed in their ability to manage their stocks and will be removing themselves from the DTC Blockchained stock market gets first customer. Price moons cause you know... Moass and shit Other heavily shorted companies with rampant FTDs hop on board like their life depends on it, cause it does. GMERICA rules over the land with an iron fist and the vultures starve and have to get real jobs. (BBBY stock rockets too) 🥂

Buttpooper42069 - 70 upvotes - source
Is it actually suspicious that negative news came out about BBBY right before a catastrophically bad earnings report?

The-Bodhii - 61 upvotes - source
I missed GameStop at $4 a share before the sneeze. I still ended up with xxx shares. I am not missing BBBY at $4.