Bed Bath & Beyond stock rallies despite looming specter of potential bankruptcy

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Bed Bath & Beyond stock rallies despite looming specter of potential bankruptcy
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Bed Bath & Beyond Inc. undefined stock rose 16.8% before market open on Monday. Last week the troubled home goods retailer's stock plunged after the...

Bed Bath & Beyond Inc. stock rose 16.8% before market open on Monday. Last week the troubled home goods retailer's stock plunged after the company's warning that it may need to declare bankruptcy. In a business update on Thursday the sometime meme stock darling said it has"substantial doubt" about its"ability to continue as a going concern.

stock rose 16.8% before market open on Monday. Last week the troubled home goods retailer's stock plunged after the company's warning that it may need to declare bankruptcy. In a business update on Thursday the sometime meme stock darling said it has"substantial doubt" about its"ability to continue as a going concern." The home goods retailer also said that it expects to record lower sales for the latest quarter than analysts were anticipating.

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