BBBY Stock Recent News

Ben Mezrich, ‘The Anti-Social Network' author, joins 'Squawk Box' to discuss the meme stock mania, the GameStop phenomenon, how dumb money changed the game, and more.

The rise of meme stocks was one of the biggest stories during the volatile markets of 2020 and 2021. While many stocks saw unexpectedly impressive gains as the COVID-19 pandemic raged, the meme stocks were going parabolic thanks to a combination of government money, irrational enthusiasm and social media virality.

Meme stocks have climbed higher in 2023 as part of a broader rally. A fund that tracks retail traders' favorites has jumped 60% year-to-date, and recently hit a one-year high.

Bed Bath & Beyond canceled an auction for its Buy Buy Baby business, but the chain could still end up being saved.

While Bed Bath & Beyond's Buy Buy Baby has a number of suitors circling its assets, interest has waned in keeping the chain's store footprint alive.

Overstock (NASDAQ: OSTK ) is trending on social media, and OSTK stock is up about 10% after investors learned that the retailer has won the auction for some of the bankrupt Bed Bath & Beyond's (OTCMKTS: BBBYQ ) assets. This comes after Overstock entered a stalking horse bid earlier in June.

Druckenmiller recently warned investors that the economy could be headed for a hard landing. He's concerned that the high-interest rate environment could have tough consequences after a decade of easy-money policies.

And we've got a look at what's going on with Bath & Body Works.

Bed Bath & Beyond Inc.'s bankruptcy could have major implications for industrial and commercial real estate, experts say.

Shares of Bed Bath & Beyond Inc. began trading over the counter Wednesday after the Nasdaq started the delisting process for the bankrupt home-goods retailer and sometime meme-stock darling.