It’s the end of the road for shares of Bed Bath & Beyond

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Bed Bath & Beyond’s shares are canceled and “have no value,” the company said, in a filing Friday

It’s the end of the road for shares of bankrupt home goods retailer and sometime meme-stock darling Bed Bath & Beyond Inc.

Nonetheless, shares of the embattled retailer skyrocketed last year, driven by the Wall Street Bets crowd on Reddit.In a last-gasp bid to stave off bankruptcy, Bed Bath & Beyond announced equity offerings in its final months this year, raising more than $400 million.

 

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