Title says it all. I saw it in the news, read about the stock going up in price, now I’m reading about layoffs and store closures.
I have zero invested in Bed Bath and Beyond, I am just curious and would like to know what’s up. Googling didn’t tell me what I was looking for…
What was the stock like the past year?
Why did it become a meme stock?
Why did it increase in price?
What happened after it increased in price?
Is the sudden raise then fall connected to the layoffs? (Seems like it has to be, right?) if so, how?
EDIT TO ADD: I just read about the CFO. Wow. What on earth is going on??
RIP
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