Read more
4:59 PM · 30 June 2021

Bed Bath & Beyond stock surged despite mixed quarterly figures

-
-
Open account Download free app

Bed Bath & Beyond (BBBY.US) stock jumped more than 10% despite the fact that the household retailer posted mixed quarterly figures. Company earned 5 cents per share, while analysts expected earnings of 8 cents per share, still this is a positive change from the company’s loss in the fiscal first quarter of 2020. Revenue beat market expectations. Bed Bath & Beyond predicted better-than-expected current-quarter comparable sales, and raised its full-year revenue outlook. However, later in the session price erased most of today's gains, suggesting that some of the increase may be caused by Reddit investors who took an interest in the company's stock earlier this year.

Bed Bath & Beyond (BBBY.US) which is considered as one of the "meme" stocks surged during today's session, however buyers failed to uphold momentum and price pulled back towards major support at $30.75 which is marked by 61.8 Fibonacci retracement of the recent upward wave and 50 SMA (green line). Source: xStation5

11 February 2026, 3:17 PM

Palo Alto acquires CyberArk. A new leader in cybersecurity!

11 February 2026, 2:44 PM

US OPEN: Blowout Payrolls Signal Slower Path for Rate Cuts?

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

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