Cohen’s ‘army is right behind him,’ as individual investors continued to cheer the stock on social-media platforms despite its worst one-day pullback ever
After years of declining sales, Bed Bath & Beyond is facing an existential crisis. WSJ’s Suzanne Kapner explains why the company has fallen on hard times and looks forward to what is next for the veteran retailer. Photo Illustration: Laura Kammermann/WSJ
A stupefying rally in Bed Bath & Beyond stock came skidding to a halt last week when one of the company’s biggest shareholders cashed out.
Now, a crowd of individual investors say they are hoping to ride out the worst of the selloff.
