Shares of Bed Bath & Beyond (BBBY) are trading -11% lower at a price of $9.77 at the time of this writing. While the Consumer Discretionary sector is having a somewhat bearish day in general, the company is falling faster.
There was no clear catalysts as to the selloff other than a rapid cooling of meme stocks and a broad market selloff in the midday trading session.
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 $832 Million.
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™:Fuckface_Whisperer - 64 upvotes -
source> I am buying into the GME and BBBY thesis, but I just can't get behind AMC. I eat purple and red crayons, but the yellow ones just don't taste good to me.
AxemanFromMA - 49 upvotes -
source27k bbby dude deleted his account ![img](emote|t5_2th52|4271)
Amartin22 - 46 upvotes -
sourceBBBY tanking immediately after I bought it is karma for me saying the WNBA isn’t a real sport. I’m sorry Sue Bird.
GCurtisJr24 - 43 upvotes -
sourceBetween $BBBY, student loan announcements, and school starting soon…I’ve got a lot of tension in my butthole
FLOTUS_official - 43 upvotes -
sourceJust stay positive and believe in BBBY. This will make it go up. Few understand this.
KodaavRah - 41 upvotes -
sourceIf you hate BBBY so much, why are you in this thread? Doesn’t make sense to me.
SubTilez - 38 upvotes -
sourceMy portfolio is gonna be 100% bbby from today. I’m ready to squeeze dem nuts. HF need to suffer. 25% interest on their shorts
StockApeatoll - 38 upvotes -
sourceI’m loading more bbby shares
ChiliLimeTaco - 38 upvotes -
sourceHit me BBBY one more time
applebeelievemebro - 33 upvotes -
sourceYeah boy! Yahoo news has a early headline saying “Memo to BBBY Investors: Ryan Cohen is not Your Savior.” Hella bullish! The Roman’s said the same thing about Jesus before his company mooned!