Bed Bath & Beyond's stock has crashed to earth after a rollercoaster ride that defied gravity. Here's a timeline of its chaotic journey, fueled by meme-stock craze and mounting debt.
Bed Bath & Beyond, the once-beloved home goods retailer, has seen its fortunes sink dramatically of late - as captured by a precipitous fall in the company's share price.
The dramatic decline is only the latest leg in an extraordinary ride full of surprising twists and turns that spanned the past two years. The stock, which had slumped below $4 in 2020, skyrocketed during the meme-stock mania of early 2021 in a surge that was backed by little fundamental reason. Bed Bath & Beyond's stock saw massive gains in early 2021 as it got pulled into the meme-stock frenzy.introduced three new private brands
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