Over 1 Year Ago
2 Min Read

BBBY surges on the day - enters upper third of 52 week trading range:



 Bed Bath & Beyond (BBBY) is trading 54% higher at $24.64 today. The short squeezing, meme rallying stock continues its upward moves today as it blasts past peers in the consumer discretionary sector. The price of the embattled retailer has been whipsawing the last few weeks and is now trading at the upper end of it's 52 week range. Will traders continue to find this volatile equity an attractive buy in the coming days?

Bed Bath & Beyond has been trading between a 52-week high of $30.14 and a 52-week low of $4.38. The stock has a market cap of $1.97 Billion.

Bed Bath & Beyond Inc. and subsidiaries (the 'Company') is an omnichannel retailer that makes it easy for its customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets.

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™:

waterlight_84 - 47 upvotes - source
Even though I didn't buy any BBBY, reading this makes me think that should I buy? lol

ATX1Bag - 34 upvotes - source
Not at all. Now bbby makes front page news and we spike even higher through end of week.

hypeaze - 27 upvotes - source
BBBY $5 too expensive BBBY $10 too expensive BBBY $15 too expensive BBBY $25 too expensive BBBY $50 too expensive BBBY $100 you son of a bitch, I'm in

Packyaw21 - 26 upvotes - source
REMINDER PAPA RYAN COHEN HAS MILLIONS WORTH OF CALLS IN $60-$80 RANGE HE LOSES MILLIONS IF IT DOESNT HIT. HE KNOWS SOMETHING. AND WE GOING TO THE FUCKING MOON YOU SEE THOSE DIPS?? THEY ARE BAITING YOU TO SELL. BBBY HAS MEME POWER AND EVERYONE ARE GOING ALL IN (RETARDED OR NOT) ALLL INNNNNNNNNNNN

craterfray - 24 upvotes - source
Yesterday BBBY was at 14 and people were wondering if its to late to buy in, last week it was at 5 and people were wondering if it was too late to buy in. Today it's at 27 and people are still wondering, is it too late to buy in...the day, no the week has only just begun

brrrrpopop - 24 upvotes - source
BBBY up 69%, GME up 11%, AMC down 1% They cannot afford. Great success.

nosalute - 22 upvotes - source
# if u sell bbby you have smol pp

mircocrocop - 21 upvotes - source
Made $70k thank you BBBY and thank you wallstreet bets

quantumpencil - 19 upvotes - source
Sold my BBBY yesterday at 60% profit (cost basis 10, cash out 16) feeling like an absolute chad. Paper handed bitch is more like it, congrats to all you true kings out there!

ray_kats - 19 upvotes - source
My favorite thing about BBBY is that they don't just stop at bed and bath supplies. They go above and beyond material possessions and really offer a glimpse at the true nature of reality.