19,07 Euro
What is it today?
$BBBY Is now insolvent and the stock has fallen to about 16 cents
$BBBY is currently preparing for insolvency.
Not so long ago, Bed, Bath & Beyond was the target of speculators.
Now it is in talks with advisors and lenders about a possible bankruptcy filing. (1)
Actually, they wanted to raise $300 million from capital investors, but then failed.
Most recently, sales were down 33%, while gross margins were down 22.8%.
There were fears for insolvency as early as January. (2)
I assume that insolvency is coming and the company will be broken up. The locations and brands are supposedly not bad, but the cost pressure in the company is immense. The current economic situation does the rest.
$BBBY Should one here possibly again with some play money purely or is the Bude too risky? The short interest rate should be over 70%...
Must me times bissel make clear how just the stand is.
$BBBY is back on REGSHO 🚀🤡
CTB is 67%
750K shares were borrowed yesterday in 9hours.
Yesterday the whole float was traded!
MC of sub 200mil for a company with 600+ Stores, 30K+ employees, 1080 open positions
earnings Q3 yesterday aren’t good
townhall meeting today
🚀