Bed Bath & Beyond announces plan to raise $1 billion, stock falls 24%
Bed Bath & Beyond's (BBBY) stock sank 24% after the embattled retailer announced it will raise as much as $1.025 billion through an equity offering. BBBY had gained 92% on Monday ahead of the announcement, as a recent rally in the nearly-bankrupt company continued to gain momentum. The stock…
#bbby #s3partners #bedbathbeyond #jpmorgan #meme #gamestop #gme #amc #soundhound #ines