Shares of Bed Bath & Beyond Inc.
BBBY,
-35.34%
cratered 35.34% to $0.30 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.60%
falling 0.60% to 4,129.79 and Dow Jones Industrial Average
DJIA,
-0.33%
falling 0.33% to 33,786.62.
The stock’s fall snapped a three-day winning streak.
Bed Bath & Beyond Inc. closed $29.70 below its 52-week high ($30.00), which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Thursday, as RH
RH,
-1.66%
fell 1.66% to $245.99 and Container Store Group Inc.
TCS,
-1.77%
fell 1.77% to $3.33.
Trading volume (333.1 M) eclipsed its 50-day average volume of 106.7 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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