Bed Bath & Beyond Becomes Meme Stock

Sean Marshall
By Sean Marshall
August 17, 2022NTD Business
share

Bed Bath & Beyond, Wall Street’s newest meme stock craze, ended Tuesday up nearly 300 percent for the month. Reddit forum Wall Street Bets, the unofficial home of trending meme stock influence, is littered with memes and posts blindly—or maybe strategically—attempting to push the stock’s popularity to the moon.

NTD spoke with Quantitative Investment Strategist Charles Qi, about BBBY’s stock getting highly shorted and making a comeback.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments