BBBY

Bed Bath & Beyond shares have been skyrocketing in recent weeks. Here's why the rally may not end anytime soon.

This can indicate that the current trend — in our case, BBBY's stock rally — will continue for some time. A week later, on Friday, August 12, open interest increased to about 62,800 call option in-the-money contracts. It can be used to measure the value of options contracts that have been created but not yet closed. This is likely connected to recent short squeezes in BBBY. Check out this chart below, which illustrates sentiment for the stock on WSB: But the stock's popularity is also growing on Reddit as a whole. Reddit's r/wallstreetbets (WSB) subreddit is probably the most influential online forum when it comes to retail investors.

Bed Bath & Beyond stock (BBBY) skyrocketed by nearly 70% in afternoon trading on Tuesday as Reddit traders speculated on a massive short squeeze. Shares were ...

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Bed Bath & Beyond jumped as meme stock traders piled in, encouraged by GameStop chairman Ryan Cohen placing another bet on the struggling retailer.

Now under Gove, Bed Bath is trying to turn the ailing business around, but analysts remain unsure it will succeed. This came after the company suffered another quarter of sluggish sales and heavy losses. He also urged the retailer to consider selling its Buybuy Baby chain. The new purchase grabbed the attention of retail traders on Reddit's WallStreetBets forum. The strike price is where the security can be bought by the option holder, meaning Cohen is betting that Bed Bath & Beyond can rise as high as $80 a share. The stock closed Monday at $16.

Shares of Bed Bath & Beyond Inc. blasted off Tuesday, again, as the retail crowd defied, with renewed vigor, another Wall Street analyst's warning that...

Bed Bath & Beyond shares have advanced 43.7% year to date but have lost 23.9% over the past 12 months. Anderson is the second analyst to turn bearish on Bed Bath & Beyond in the past week. Trading volume exploded, to reach a record for the stock of 345.3 million shares a little less than an hour before the close. It has skyrocketed 355% over a 14-day stretch in which it rose in 13 of the days. The average stock price target is $3.49, implying 83% downside from current levels. The meme stock soared 30.9% in very active midday trading, and has now nearly doubled (up 97%) in three days.

Investors appear to be back making speculative bets and giving rise to meme stocks following the recent selloff in the stock market. Bed Bath Beyond (BBBY), ...

Apart from BBBY, PGY, and HKD, more meme stocks should emerge as investors turn to speculative trades to bet on the market recovery. The AMTD Digital rally has all the features of a meme stock. PGY stock has gained more than 700% over the past month to trade above $20.

Reddit's new favorite meme stock is doing what meme stocks do: spiking to an unsettling degree. This time the stock symbol riding the r/wallstreetbets ...

[risky $45,000 investment](https://www.reddit.com/r/wallstreetbets/comments/wizna5/i_am_the_guy_who_10xd_a_45k_yolo_in_bbby_the/) in the company. [eyed by analysts](https://mashable.com/article/bots-gamestop-meme-stocks) for allegedly feeding off the activity of social media bots — particularly in the cases of Reddit favs AMC and GameStop. And now [some commentators](https://seekingalpha.com/article/4534815-bed-bath-and-beyond-massive-short-squeeze-is-coming-soon) are predicting a "short squeeze" — a spike in a stock price that occurs when those who have bet against the stock rush to exit their toxic investment by buying the stock in question, thus driving up the price drastically. Naturally, r/wallstreetbets took notice, with one post praising Cohen as " [the meme king](https://www.reddit.com/r/wallstreetbets/comments/t8d51u/chewy_cofounder_ryan_cohen_takes_large_stake_in/)," and saying "Ryan Cohen will never be matched," earning 10,423 Reddit karma points. [made about $700 million from the Gamestop Reddit phenomenon](https://www.cnbc.com/2022/01/27/the-fund-that-made-700-million-on-gamestop-knew-it-was-time-to-sell-after-an-elon-musk-tweet.html), are often the ones who make the most money from meme stocks. The stock saw a brief spike in March, and then about five months of steady decline.

Investors appear to be back making speculative bets and giving rise to meme stocks following the recent selloff in the stock market. Bed Bath Beyond (BBBY), ...

Apart from BBBY, PGY, and HKD, more meme stocks should emerge as investors turn to speculative trades to bet on the market recovery. The AMTD Digital rally has all the features of a meme stock. PGY stock has gained more than 700% over the past month to trade above $20.

Although shares of Bed Bath & Beyond spiked higher due to activist investor Ryan Cohen's bullish wager, bears see a contrarian opportunity with BBBY stock.

However, just in the first half of this year, purchasing power declined by 5.3%. Notably, the put/call open interest ratio for Bed Bath & Beyond is 0.56, conspicuously below the common delineation point of 0.70. For the second put, the spread was 1.09%. While it’s always risky to presume that circumstances will pan out differently from prior norms, an inherent risk exists in participating in the latest swing higher for BBBY stock. Coming in right behind the aforementioned trade was bearish activity for the $18 puts, also with the same expiration date. For the first put, the bid-ask spread as represented by the midpoint price ($6.70) was 2.98%. Leading the way were $25 puts with an expiration date of Aug. 16, bearish transactions against BBBY stock represented some of the oddest trades regarding [acquired 1.67 million call options](https://www.reuters.com/markets/europe/meme-stock-bed-bath-beyonds-rally-rages-2022-08-16/) on BBBY stock. According to a [Form 3 document](https://bedbathandbeyond.gcs-web.com/static-files/b08a4b0d-b9fd-467e-a69e-0e96c990ff45) which Cohen filed on Aug. However, not everyone is clamping at the bit for BBBY stock, presenting a tricky narrative. Nevertheless, the memes may be resurfacing, with Bed Bath & Beyond (

Bed Bath & Beyond (BBBY) stock is soaring over 30% in pre-market trading. A famous investor bought call options on BBBY stock.

[call options have](https://www.bankrate.com/investing/what-are-call-options-learn-basics-buying-selling/) “strike prices between $60 and $80” and [expire in January](https://investorplace.com/2022/08/ryan-cohen-just-gave-bed-bath-beyond-bbby-stock-a-huge-boost/). On the date of publication, Larry Ramer did not hold (either directly or indirectly) any positions in the securities mentioned in this article. Cohen initially gained fame as the founder of Chewy (NYSE: [CHWY](https://investorplace.com/stock-quotes/chwy-stock-quote/)), an e-commerce firm that focuses on products for pets. The disclosure of Cohen’s call options appears to have excited retail investors, in turn lighting a fire under BBBY stock. For Cohen to make money on each option, the price of Bed Bath and Beyond’s shares has to exceed the option’s strike price when he redeems it. [AMC](https://investorplace.com/stock-quotes/amc-stock-quote/)) stock advancing [42% over](https://www.marketwatch.com/investing/stock/amc?mod=search_symbol) the last month, Koss (NASDAQ: [KOSS](https://investorplace.com/stock-quotes/koss-stock-quote/)) climbing 32% [during that time](https://www.marketwatch.com/investing/stock/koss?mod=search_symbol) frame, and Fubo (NYSE: [FUBO](https://investorplace.com/stock-quotes/fubo-stock-quote/)) delivering [a return of 122% over](https://www.marketwatch.com/investing/stock/fubo?mod=search_symbol) the last month.

Home retailer Bed Bath & Beyond (BBBY): Reddit interest is driving BBBY stock to new highs but there are warnings that the BBBY stock price is becoming ...

[letter](https://s.wsj.net/public/resources/documents/bbbletter030622.pdf) to management outlining the company’s underperformance and suggesting possible remedies. “In the quarter there was an acute shift in customer sentiment and, since then, pressures have materially escalated. [TGT](https://capital.com/target-stocks-price)) stock price [TGT](https://capital.com/target-stocks-price)). For the month of August, the stock is up a spectacular 313%. [BBBY](https://capital.com/bed-bath-beyond-inc-share-price)) stock price

Bed Bath & Beyond (BBBY) stock is up 31% at $27.22 in Wednesday's premarket a day after it was disclosed that major investor Ryan Cohen had purchased.

The author makes no representations as to the accuracy, completeness, or suitability of this information. Maximize our actionable content, be part of our community, and chat with our experts. XAUUSD is pressuring the 38.2% retracement of its latest daily advance. The author will not be held responsible for information that is found at the end of links posted on this page. The author has not received compensation for writing this article, other than from FXStreet. It also does not guarantee that this information is of a timely nature. Loop Capital gave the struggling retailer a $1 price target earlier this month, saying that it was headed the way of Sears. Just since July BBBY stock has gone from oversold to overbought on the Relative Strength Index (RSI). FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. This would require an immense short squeeze, possibly the Mother of All Squeezes to borrow a phrase from the AMC apes. So what is the deal with Ryan Cohen? The meme stock is up roughly 300% over the past month despite the fact that many analysts believe the home goods retailer is headed for bankruptcy.

Bed Bath & Beyond shares have gone from $5.03 at the end of July to as high as $28.60 per share at yesterday's intraday high. See why I'm bearish on BBBY.

In 2021, the total return of the portfolio was +55%. In 2020, the total return of the portfolio was +93%. There are zero tangible signs of any business recovery whatsoever, the macro backdrop continues to be rocky, at best, and housing has fallen off. For perspective, shares of BBBY closed the month of July 2022 at $5.03. If you are looking for a signpost that markets are once again becoming psychedelic, look no further than BBBY shares leaping from $5.03 to as high as $28.60, in a span of 15 days. Turning to the balance sheet, as BBBY spent an inordinate amount of money on buybacks, that is also a hot mess. And to be clear, and I discussed the topic a bit, with my group in "live chat" yesterday, when BBBY shares were then trading close to $27, I did buy a few BBBY August 26, 2022 $26 puts. For perspective, again when BBBY shares were trading at close to $27, I had to pay $7.71 per contract, for the right to sell BBBY shares at $26, on August 26th. During that period, consumer sentiment was very strong, and this was an amazing time to be a retailer. Bed Bath & Beyond sales have gone from $11.2 billion in the fiscal year ending February 29, 2020 to $7.9 billion in the fiscal year ending February 26, 2022. Ninety-five percent of my bandwidth and ninety-eight percent of my capital are deployed on the long side. That said, when you are playing Liar's Poker, no question there is always an element of timing and the recent market 'melt up' and extraordinary bearishness towards Carvana was the jet fuel that empowered the big leg up.

The official market terminology for recent trading in Bed Bath & Beyond is crazy.

](https://www.barrons.com/market-data/indexes/spx) ](https://www.barrons.com/market-data/stocks/bbby) [

Some stocks are only good for short-term trading, while others are meant to be buy-and-hold investments. There's a lot of hype surrounding Bed Bath Beyo...

[BBBY reported a quarterly operating loss of $288.2 million](http://The Fundamentals Just aren't There for BBBY Stock). It’s possible, then, that some traders observed Cohen’s evident confidence in the meme stock and consequently bought up shares of Bed Bath & Beyond. So, feel free to watch with amazement from the sidelines as the meme-stock frenzy continues in 2022. Also, during the time when Tritton was being removed from his CEO position, Bed Bath & Beyond had just posted dismal first-quarter 2022 fiscal and operational results. After all, these aren’t sufficient reasons for retail investors to pour their hard-earned money into Bed Bath & Beyond shares unless it’s only for a very short-term trade. Consequently, Bed Bath & Beyond has to prove to the shareholders that it can deliver results during these challenging times. For one thing, if you’re looking for Bed Bath & Beyond’s trailing 12-month price-to-earnings (P/E) ratio, don’t bother. The onset of COVID-19 made it difficult for retail store chains like Bed Bath & Beyond to deliver shareholder value. The influence that meme-stock traders have should never be underestimated. Also, these traders may view the short squeeze as a way to get revenge on short-selling hedge funds. It could be said that a short squeeze of BBBY stock is an expression of the meme-stock traders’ hope for a recovery in the economy. Therefore, it’s wise to maintain a safe distance and avoid getting caught up in the hype.

BBBY stock has shot up, but GameStop's Ryan Cohen is selling his stake in the meme stock. Is Bed Bath & Beyond stock a buy or sell?

But is Bed Bath & Beyond stock a buy or a sell now? Technically, BBBY stock has been hot, but is greatly extended from moving averages and is now getting a lot of media attention. Bed Bath & Beyond, like most meme stocks, has terrible fundamentals, with a series of losses and fast-declining revenue. The New Jersey-based Bed Bath & Beyond has retail stores across the U.S. But after a meme stock gets moving beyond such areas, the risks are enormous, especially after investors and business media start paying close attention. BBBY stock arguably offered a super-aggressive entry on Monday, as it cleared the 200-day line. Of course, meme stock investors look past a company's weak fundamentals. Cohen's RC Ventures currently owns 11.8% of Bed Bath & Beyond, according to FactSet. Wall Street is projecting a loss of $6.22 per share for the full fiscal year on $6.5 billion in sales. Bed Bath & Beyond stock has been surging again in recent weeks. The activist investor seemed to have taken a specific interest in BBBY earlier this year. Or, by buying those out-of-the-money call options — and disclosing that — Cohen found a way to push up the BBBY stock and options prices before cashing out.

Bed Bath & Beyond Inc., the struggling retailer turned meme-trader darling, skidded as much as 21% in postmarket trading after a top investor suggested he ...

RC is the retailer’s second-largest holder after BlackRock Inc., according to data compiled by Bloomberg, with an 11.8% stake as of April 21. [RC Ventures](/quote/1856624D:US) said in a [filing](https://www.sec.gov/corpfin/form-144-email) Tuesday with the US Securities and Exchange Commission that it might sell as much as 7.78 million shares of Bed Bath & Beyond, along with some call options. [Bed Bath & Beyond Inc.](/quote/BBBY:US), the struggling retailer turned meme-trader darling, skidded as much as 21% in postmarket trading after a top investor suggested he has soured on the stock.

In order to short a stock, investors first have to borrow it. At Bed Bath & Beyond that borrowing fee comes to 50%, way more than the typical S&P 500 stock.

[Unlike on Tuesday, ](https://www.barrons.com/articles/bed-bath-beyond-koss-gamestop-amc-stock-price-meme-rally-51660685560?mod=article_inline)though, the rally didn’t extend to other meme stocks. And it’s not getting any easier for [prospective short sellers](https://www.barrons.com/articles/bed-bath-beyond-stock-meme-trade-51659971172?mod=article_inline), either. stock (ticker: BBBY) was up another 31% in Wednesday afternoon trading to $27.02.