Read more
12:16 PM · 31 August 2022

BBBY's mighty declines ahead of Wall Street's opening

Bed Bath & Beyond
Stocks
BBBY.US, Bed Bath & Beyond Inc
-
-

The mood around Bed Bath & Beyond (BBBY.US) deteriorated ahead of the opening of today's session following a series of news related to a strategic update. Here are the company's key developments:

  • The company confirmed obtaining $500 million in new financing to improve its liquidity position

  • The company announces layoffs (20% of the workforce) and store closures (150) to reduce costs

  • Company announces sale of up to 12 million shares of common stock (ATM). 

  • The company is reducing its capital spending plan from $400 million to $250 million and exiting ⅓ of its brands (Haven, Wild Sage and Studio 3B).

  • The company's shares are currently losing more than 24%. Source: BloombergŹródło: Bloomberg

8 January 2026, 4:24 PM

Micron Bets Billions on AI. Here’s What’s Driving the New Semiconductor Supercycle! 📈

8 January 2026, 12:58 PM

Will the defense sector keep European stock markets afloat❓

8 January 2026, 12:53 PM

Nvidia and China: Huge Money and Growth Potential!📈

8 January 2026, 10:50 AM

Euphoria in U.S. defense stocks 🗽 An additional $500B for Department of War?

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits