Bed Bath & Beyond stock is going haywire amid bankruptcy bets

Bed Bath & Beyond stock is going haywire amid bankruptcy bets

Bed Bath & Beyond’s stock continues to be whipped up into a speculative fervor as traders place bets the retailer somehow averts bankruptcy — triggering massive covering by short-sellers.

Shares popped 20% in pre-market trading on Thursday. If Bed Bath & Beyond’s stock opened at current levels, shares would be up more than 150% since the opening price on Monday.

The stock — which has one of the most visited ticker pages on Yahoo Finance the past 24-hours — climbed 69% on Wednesday. This…


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