Bed Bath & Beyond Shares Continue to Rise in Friday's Market

Date : 10/11/2019 @ 4:55PM
Source : Dow Jones News
Stock : Bed Bath and Beyond Inc (BBBY)
Quote : 13.75  0.0 (0.00%) @ 12:00AM

Bed Bath & Beyond Shares Continue to Rise in Friday's Market

Bed Bath and Beyond (NASDAQ:BBBY)
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2 Months : From Sep 2019 to Nov 2019

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   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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