Bed Bath & Beyond Inc.’s BBBY stock will be delisted from the Nasdaq COMP at market open Wednesday. The troubled home goods retailer and sometime meme stock filed for chapter 11 bankruptcy in April after a troubled couple of years marked by strategic missteps, cash burn, challenging underlying business trends and the impact of the COVID-19 pandemic. The Nasdaq informed the company that its stock would be suspended at the opening of business on May 3.
Bed Bath & Beyond Inc.’s BBBY stock will be delisted from the Nasdaq COMP at market open Wednesday. The troubled home goods retailer and sometime meme stock filed for chapter 11 bankruptcy in April after a troubled couple of years marked by strategic missteps, cash burn, challenging underlying business trends and the impact of the COVID-19 pandemic. The Nasdaq informed the company that its stock would be suspended at the opening of business on May 3.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon, Target set to win following demise of Bed Bath & BeyondInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »