Bed Bath & Beyond Coverage Pulled at Bank of America Amid Meme Craze
Bank of America pulled its Bed Bath & Beyond coverage after the stock swung wildly in sessions this week.
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Shares of Bed Bath & Beyond (
BBBY) - Get Report fell on Friday after analysts at Bank of America pulled their rating on the home-goods retailer.
The stock of the Union, N.J., chain has swung wildly this week amid the meme-stock push from retail investors.
Bed Bath & Beyond shares jumped more than 60% Wednesday on no news. The stock then dropped 28% on Thursday. At last check the shares were off 1.9% at $31.28. They ve traded on Friday down as much as 4.5% and up as much as 3.4%.
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