Why Bed Bath & Beyond Stock Was Up Again Today

·2 min read

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were climbing again today as the short squeeze on the struggling home furnishings retailer continued. On platforms like Reddit's WallStreetBets, traders were again pumping up the stock, leading to its 13th day of gains in the last 14 sessions. For yet another day, Bed Bath & Beyond shares were moving higher on high-volume trading, a sign that the short squeeze remained in effect as nearly 70 million shares changed hands before noon today.