Back to top

Image: Bigstock

Bed Bath (BBBY) Surges: Stock Moves 8.2% Higher

Read MoreHide Full Article

Bed Bath & Beyond Inc. was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $13.45–$17.72 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen six negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Bed Bath currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Bed Bath & Beyond Inc. Price

Investors interested in the Retail - Miscellaneous industry may consider Hibbett Sports, Inc. (HIBB - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BBBY going up? Or down? Predict to see what others think: Up or Down

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Hibbett, Inc. (HIBB) - free report >>

Published in