Bed Bath And Beyond Rebounds From Thrashing Following Q1 Miss

Bed Bath And Beyond

shares are trading higher by $0.30 at $43.64 in Thursday's session. The issue opened sharply lower after it reported a Q1 miss of $0.06 along with a revenue miss of $500M. However, investors used the $2 drop off the open to aggressively purchase shares. As is turns, its opening print of $41.29 was only $0.04 off its low for the day. The wicked rebound has taken the issue to $44.60 before falling back under $44. That high coincides with its June 15 high of $44.46.