What’s Happening With BBBY Stock?

Recently, BBBY stock made a trip that enriched some traders and impoverished others. Without a doubt, Reddit traders were involved as the shares sailed from $7 to $23 and then pulled back to $7. $3B家居(BBBY.US)$

The meme-stock crowd is a fickle one, so investors shouldn’t assume that another short squeeze is around the corner. Instead, they should focus on Bed Bath & Beyond’s fundamentals and business operations.

It’s a tough time for Bed Bath & Beyond, as the company is undergoing an executive-level transition. Specifically, the company has been searching for a new CEO since June. Currently, Sue Gove is Bed Bath & Beyond’s interim CEO.

However, two “sources familiar with the matter” reported that Gove will remain as Bed Bath & Beyond’s CEO for at least a year. So, at least the company has some time to find the right person for the job.