Advertisement

Why Bed Bath & Beyond Stock Soared Today

Shares of Bed Bath & Beyond (NASDAQ: BBBY) surged on Thursday after interim CEO and director Sue Gove boosted her holdings in the struggling retailer. As of 11:55 a.m. ET, the stock price was up more than 25%. Harriet Edelman purchased 10,000 shares at an average price of $4.94.