Bed Bath & Beyond stock plunges as execs look for $1 billion share sale to get out of loan default

Bed Bath & Beyond stock plunges as execs look for $1 billion share sale to get out of loan default

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Bed Bath & Beyond Inc. led a revenge of the meme stocks Monday, with shares rallying 92%, but the stock turned around hard in after-hours trading as executives announced plans to sell convertible shares to get out of a loan default and stave off bankruptcy. Bed Bath & Beyond BBBY, announced a plan…

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