Stock Market Analysis Today – Bed Bath & Beyond Inc. stock outperforms market on strong trading day
Shares of Bed Bath & Beyond Inc.
BBBY,
surged 10.25% to $30.97 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
rising 0.97% to 31,802.44 and the S&P 500 Index
SPX,
falling 0.54% to 3,821.35. The stock’s rise snapped a two-day losing streak. Bed Bath & Beyond Inc. closed $22.93 short of its 52-week high ($53.90), which the company achieved on January 27th.
The stock outperformed some of its competitors Monday, as RH
RH,
fell 1.68% to $441.46, Container Store Group Inc.
TCS,
rose 1.97% to $15.49, and Macy’s Inc.
M,
rose 9.13% to $16.50. Trading volume (5.2 M) remained 10.1 million below its 50-day average volume of 15.2 M.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
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Stock Market Analysis Today – Bed Bath & Beyond Inc. stock outperforms market on strong trading day