Bed Bath & Beyond Jumps 30% As Meme-Stock Traders Snap Up Shares Despite Analyst Warnings - Forbes

8/16/2022 12:00:00 AM2 years 8 months ago
by Sergei Klebnikov
by Sergei Klebnikov
The stock has outpaced the broader market this year thanks to a renewed boost from retail investors on forums like Reddit’s WallStreetBets.
Despite analyst warnings about unrealistic valuations, shares of Bed Bath & Beyond surged up to 70% on Tuesday as retail investors from Reddits WallStreetBets piled into the stock after being enc… [+3283 chars]
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