Bed Bath & Beyond Shares Continue to Rise in Friday's Market
October 11 2019 - 12:55PM
Dow Jones News
By Stephen Nakrosis
Shares of retailer Bed Bath & Beyond Inc. (BBBY) are moving
higher in Friday's market, continuing momentum generated after the
company said Wednesday that Mark Tritton, who was head of
merchandising at Target Corp. (TGT), would become its new chief
executive.
At 12:15 p.m. ET, shares of Bed Bath & Beyond had climbed
5.34% to trade at $12.73 per share. Volume was heavier than usual,
with more than 11.8 million shares trading, above the 65-day
average volume of some 7.9 million.
The company's shares gained more than 21% Thursday, and are
trading about 12% higher year to date.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 11, 2019 12:40 ET (16:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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