Bed, Bath & Beyond Rebounds in Meme-Stock Rally

Bed, Bath & Beyond Rebounds in Meme-Stock Rally
A shopping cart at a Bed Bath & Beyond store in Manhattan, New York, on June 29, 2022. Andrew Kelly/Reuters
Reuters
Updated:

NEW YORK—Shares of Bed, Bath & Beyond Inc. rebounded sharply in high volume trading on Monday amid speculation by retail investors that the struggling home goods seller might be a potential acquisition target.

Shares of the company were last up 35 percent at $1.77, on track for their biggest one-day percentage surge since Aug. 8.