Bed Bath & Beyond's stock soared as meme stock traders fueled the rally

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Bed Bath & Beyond's stock soared as meme stock traders fueled the rally
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Bed Bath & Beyond shares skyrocketed in another dizzying rally for the meme stock.

A Bed Bath & Beyond store is seen on June 29, 2022, in Miami, Florida. Photo by Joe Raedle/Getty ImagesWhat’s happening: Retail traders — many of them sharing their enthusiasm for Bed Bath on Reddit's WallStreetBets forum — drove the shares up as much as 79% shortly before noon.

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