Amid the renewed retail investor interest in meme stocks, it’s Bed Bath & Beyond that has taken the crown from former heavyweights AMC and GameStop.
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 originally down around 3% in pre-market trading today following a stunning 23% pop on Monday.
The two days of gains came as enthusiastic traders on Reddit hyped the struggling retailer and
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