Trading GameStop, AMC and Bed Bath & Beyond is a game for many Reddit investors. It shouldn’t be. - News Summed Up

Trading GameStop, AMC and Bed Bath & Beyond is a game for many Reddit investors. It shouldn’t be.


ADThere’s probably no good time for a company to be caught up in something like the current Wall Street slugfest. ADADAfter Bed & Bath temporarily closed its stores in March, its stock fell as low as $3.56, then began to climb back. But because of its obvious and not-so-obvious problems, Bed & Bath has been targeted by short sellers, then got caught up in the current Wall Street war. Its stock price began to swing wildly, depending on who had the upper hand at a given moment. On Jan. 27, Bed & Bath stock rose 61 percent, closing at $52.89.


Source: Washington Post February 08, 2021 11:03 UTC



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