Published: Tuesday, November 2, 2021 · 8:55 PM | Updated: Tuesday, November 2, 2021 · 8:55 PM
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🗝️ Key Points
- A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City.Michael M.
- Santiago | Getty ImagesBed Bath & Beyond shares soared more than 80% in extended trading Tuesday after the company put out a flurry of press releases.
- Among the news the company announced was the launch of a digital marketplace that will sell goods from third-parties, in addition to a tie-up with grocery chain Kroger.
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City.
Michael M. Santiago | Getty Images
Bed Bath & Beyond shares soared more than 80% in extended trading Tuesday after the company put out a flurry of press releases.
Among the news the company announced was the launch of a digital marketplace that will sell goods from third-parties, in addition to a tie-up with grocery chain Kroger. Bed Bath & Beyond also said its stock buyback program was ahead of schedule and it unveiled some executive leadership changes.
But the spike after the market’s close, came after a late-day rally. The stock closed up nearly 10% at $16.75.
This is breaking news. Please check back for updates.
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