Over 1 Year Ago
1 Min Read
BBWI decreasing -5% today. Here's why:
Shares of Bath & Body Works Inc (BBWI) are trading -5% lower at a price of $36.535 at the time of this writing. While it's a somewhat glum day for the Consumer Discretionary sector in general, the stock is underperforming it's peers.
While there was some good recent news:
The company reported earnings, just 5 days ago. The company's earnings for the second quarter were better than what analysts had predicted, due to cost-saving measures and sales that were higher than they were before the pandemic began.
However that wasn't enough to keep the stock in the green as of this writing.
Bath & Body Works Inc has been trading between a 52-week high of $80.89 and a 52-week low of $25.62. The stock has a market cap of $8.36 Billion.
L Brands, through Bath & Body Works, Victoria's Secret and PINK, is an international company. The company operates 2,669 company-operated specialty stores in the United States, Canada and Greater China, in more than 700 franchised locations worldwide and through its websites worldwide.
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™:
DisastrousDance7372 - 163 upvotes - source
This store is BBWI not BBBY which is why I'm unsure if post is troll or serious. Lot of people made a lot of money on a online bookstore though.
bonzai76 - 7 upvotes - source
I just bought 1000 put options on BBWI
schitzoe - 2 upvotes - source
 thats BBWi
AAronDaBot - 1 upvotes - source
I was 75% balls deep in BBY and now I am 100% balls deep in BBWI
BeardedMan32 - 1 upvotes - source
This sounds about right, have seen BBWI on trending stocks even though they only have one matching word.
a-tard - 1 upvotes - source
Going long BBWI it will moon for sure.
shwekhaw - 1 upvotes - source
I wonder how many of you retards bought BBY and BBWI without knowing. Maybe their stupidity might have saved them from BBBY rug pull.
_post_anal_drip_ - 1 upvotes - source
TBH shorting BBWI probably isn't a bad idea(long dated puts, anyway). They're one of those nice but not necessary stores that's going to get fucked harder than some others when the economy takes a shit soon.
twofiddle - 1 upvotes - source
Or BBWI apparently
VonNeumannsProbe - 1 upvotes - source
Calls on BBWI
While there was some good recent news:
The company reported earnings, just 5 days ago. The company's earnings for the second quarter were better than what analysts had predicted, due to cost-saving measures and sales that were higher than they were before the pandemic began.
However that wasn't enough to keep the stock in the green as of this writing.
Bath & Body Works Inc has been trading between a 52-week high of $80.89 and a 52-week low of $25.62. The stock has a market cap of $8.36 Billion.
L Brands, through Bath & Body Works, Victoria's Secret and PINK, is an international company. The company operates 2,669 company-operated specialty stores in the United States, Canada and Greater China, in more than 700 franchised locations worldwide and through its websites worldwide.
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™:
DisastrousDance7372 - 163 upvotes - source
This store is BBWI not BBBY which is why I'm unsure if post is troll or serious. Lot of people made a lot of money on a online bookstore though.
bonzai76 - 7 upvotes - source
I just bought 1000 put options on BBWI
schitzoe - 2 upvotes - source
 thats BBWi
AAronDaBot - 1 upvotes - source
I was 75% balls deep in BBY and now I am 100% balls deep in BBWI
BeardedMan32 - 1 upvotes - source
This sounds about right, have seen BBWI on trending stocks even though they only have one matching word.
a-tard - 1 upvotes - source
Going long BBWI it will moon for sure.
shwekhaw - 1 upvotes - source
I wonder how many of you retards bought BBY and BBWI without knowing. Maybe their stupidity might have saved them from BBBY rug pull.
_post_anal_drip_ - 1 upvotes - source
TBH shorting BBWI probably isn't a bad idea(long dated puts, anyway). They're one of those nice but not necessary stores that's going to get fucked harder than some others when the economy takes a shit soon.
twofiddle - 1 upvotes - source
Or BBWI apparently
VonNeumannsProbe - 1 upvotes - source
Calls on BBWI
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