BBBY Stock Recent News

It's what every bride has nightmares about: A wedding dress disappeared, stained, or — in New Hampshire resident Jesse Moltenbrey's case — held "hostage."

About 11 minutes into Newell Brands Inc.'s post-earnings conference call with analysts on Friday, Chief Executive Officer in waiting Chris Peterson addressed the elephant in the room: Bed Bath & Beyond Inc.

In the 1980s, a new type of specialty retail chain started to emerge: "category killers."

Here are seven major companies whose stocks moved on the week's news.

Bed Bath & Beyond Inc. BBBY, the ailing home-goods retailer that is planning to close its stores after filing for chapter 11 bankruptcy protection, on Friday said it requested to withdraw an S-1 share registration statement. The company, in a letter to the SEC, said “it has determined not to proceed with an offering at this time.

Merchants are working to gain business that used to go to Bed Bath & Beyond. The retailer that declared bankruptcy this week had 35 million customers and a 33% share of registry listings in 2022, and those customers are now looking to shop elsewhere, ModernRetail reported Friday (April 28).

Shares of Bed Bath & Beyond Inc. BBBY rose 5.3% in premarket trades Friday. The stock has fallen 48.4% since the troubled home goods retailer announced its bankruptcy filing Sunday and hit a record low of 11 cents on Thursday.

Bed Bath & Beyond, which filed for bankruptcy, is expected to soon close hundreds of store locations.

Bed Bath & Beyond Inc. bonds have been heavily traded since the troubled home goods retailer announced its bankruptcy, according to information from market data company BondCliQ.

Bed Bath & Beyond's competitors are coming to the rescue of its customers looking to use expired coupons issued by the failed retailer.