Over 1 Year Ago
2 Min Read

BBBY hopping up 22% today. A closer look at what's happening:



Bed Bath & Beyond continues it's legendary price move as (BBBY) is trading 22% higher at $25.11 today. While it's a slightly melancholic day for the Consumer Discretionary sector in general, the stock is rapidly outshining it's peers.

The company has recently been caught up in a meme trading frenzy as traders continue their multi day campaign to hop into the short squeeze play.

Bed Bath & Beyond has been trading between a 52-week high of $30.14 and a 52-week low of $4.38 and is currently trading near the top of that range. The stock has a market cap of $2.01 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.

Headlines


Bed, Bath & Beyond, Blue Apron Skyrocket In Latest Short Squeeze: What Investors Need To Know
Benzinga 08-17-22

Bed Bath & Beyond leads revival in meme stocks'' rally
CTV News 08-17-22

Bed Bath & Beyond leads revival in meme stocks'' rally
Investing.com 08-17-22

Why Blue Water Vaccines Is Trading Higher By Around 80%, Here Are 61 Stocks Moving In Wednesday''s Mid-Day Session
Benzinga 08-17-22

Bed Bath & Beyond leads revival in meme stocks’ rally
Financial Post 08-17-22


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™:

NancyPelBroski - 72 upvotes - source
Y’all panicking when BBBY is trading flat at +25% while the whole market is red. Stop doomscrolling. Go flip a few burgers and come back, the drive thru line is getting backed up.

FlannelCigarettes - 66 upvotes - source
Each upvote is 10 cents I put into bbby EDIT 4 bucks going in, can’t afford to put more.

yao97ming - 39 upvotes - source
I am officially out of money. Bought 10k worth of BBBY, this is the best I can do. Wake me up when we hit 3 digits.

Awkward_Dress_5668 - 38 upvotes - source
You will know when shorts actually start covering, it will be raining money outside. BBBY hit $80.00 before, with no FOMO, no squeeze. Get this $30.00 -$45.00 target crap out of your head. Don't act like a poor person, happy with scraps. You've already wagered your money, get something for it.

Embarrassed_Ad5126 - 37 upvotes - source
I got an email from Schwab this morning asking if I wanted to sign up to lend my “hard-to-borrow” shares (BBBY) to short sellers for $39/500 shares per month. Oh HELL no! Let them bleed! I hope no one else does either since that would help them drop the share price. P.S. Yes, this is my first post I felt was worth writing

99fttalltree - 36 upvotes - source
Hahahahaha ARS on CNBC “do these wsb guys realize bbby hasn’t turned a profit since 2018” 😝 jokes on you I can’t read 🚀 🚀 🚀 🌝 🌝 🌝 💎 🤚 🦍

Mr_DQT - 30 upvotes - source
Shit, I’m panicking… to sell other stocks to buy more BBBY

SciK3 - 29 upvotes - source
yall are so impatient. the market as a whole in down a good amount, the fact that BBBY is holding at 25 is good. be patient, closing at 25 while the market is down like 10% would be a huge win.

taffy_laffy - 29 upvotes - source
this is probably bigger than gme. amount of people putting in way more than they wanted to, myself included lmao, are going to will BBBY squeeze into reality and probably make it into the one GME should've been. 🚀🚀🚀🚀 no one wants to miss GME twice

TossedFive - 27 upvotes - source
This May be the dumbest investing I’ve ever done. Have 90% of my portfolio in BBBY… BUT FUCK IT TOO THE MOOOONNNN 🚀