Bed Bath & Beyond Shares Post Record Gain in Heavy Trading
- Retailer closes up 92% after paring triple-digit advance
- Meme stocks AMC Entertainment and GameStop also jump on Monday
A Bed Bath & Beyond store in the Brooklyn borough of New York.
Photographer: Stephanie Keith/BloombergThis article is for subscribers only.
Bed Bath & Beyond Inc. climbed 92% on Monday to rack up a record one-day advance as trading volume for the beleaguered home-goods retailer surged.
About 240 million shares changed hands, which is more than three times the average over the past month. Bed Bath & Beyond shares triggered at least two volatility-related trading halts during the ascent.