Retail News

Bed Bath & Beyond seeks reverse stock split to avoid bankruptcy

MarketWatch/Morningstar 04/07/2023

Bed Bath & Beyond has proposed a reverse stock split in the range of one-for-10 or one-for-20 to boost its share price and protect its ability to raise funds. The retailer’s shares hit a record low value of 31 cents in trading yesterday.

Source: MarketWatch/Morningstar



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