Bed Bath & Beyond's bankruptcy makes $1.3 billion for short-sellers

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Bed Bath & Beyond's bankruptcy makes $1.3 billion for short-sellers
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Bed Bath & Beyond short-sellers pocket over $1 billion as the home-goods retailer files for bankruptcy

Short-sellers have raked in more than a billion dollars in paper profits from Bed Bath & Beyond's bankruptcy, while novice investors have suffered huge losses.

Shorting stock typically involves borrowing shares and immediately selling them, with the goal of buying those back later when they fall in price - and pocketing the difference.

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