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2021-11-03

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Bed Bath & Beyond’s Stock Surge Revives Retail-Trader Mania

Excitement that’s triggered a surge in Bed Bath & Beyond Inc. shares after a whirl of announcements

Bed Bath & Beyond’s Stock Surge Revives Retail-Trader Mania

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{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":848062168,"tweetId":"848062168","gmtCreate":1635948641869,"gmtModify":1635948740884,"author":{"id":3574927270640767,"idStr":"3574927270640767","authorId":3574927270640767,"authorIdStr":"3574927270640767","name":"junior_daddy","avatar":"https://static.tigerbbs.com/15d3e810c8746da472a70549c212570d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":62,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Pls like&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Pls like&nbsp;</p></body></html>","text":"Pls like","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/848062168","repostId":1100947774,"repostType":2,"repost":{"id":"1100947774","kind":"news","pubTimestamp":1635943689,"share":"https://ttm.financial/m/news/1100947774?lang=&edition=full","pubTime":"2021-11-03 20:48","market":"us","language":"en","title":"Bed Bath & Beyond’s Stock Surge Revives Retail-Trader Mania","url":"https://stock-news.laohu8.com/highlight/detail?id=1100947774","media":"Bloomberg","summary":"Excitement that’s triggered a surge in Bed Bath & Beyond Inc. shares after a whirl of announcements ","content":"<p>Excitement that’s triggered a surge in Bed Bath &amp; Beyond Inc. shares after a whirl of announcements has fueled a rally in other retail-trader favorites, causing chatrooms like StockTwits to light up with optimistic comments.</p>\n<p>The retailer soared 55% in trading before Wednesday’s U.S. stock-market open, the day after releasing&nbsp;plans&nbsp;to help its turnaround. The advance triggered gains in original meme stocks like AMC Entertainment Holdings Inc.,GameStop Corp., and&nbsp;Koss Corp.&nbsp;in early trading.</p>\n<p>Retailer Bed Bath &amp; Beyond was among the many so-called meme stocks that saw meteoric gains turn to pain earlier this year amid concern about the company’s fundamentals. Shares closed at their lowest level in more than a year last week amid muted expectations afterquarterly sales missedestimates.</p>\n<p><img src=\"https://static.tigerbbs.com/7f583ea80b3b20cd507d78e8311965aa\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>This week’s resurgence is likely fueled in part by FOMO -- fear of missing out -- and those who have bought into the investing mantra of YOLO -- you only live once. The appetite for risky investments among retail traders appears to be rising, according to Vanda Research.</p>\n<p>The red-hot rally comes just a day after&nbsp;Avis Budget Group Inc.&nbsp;more than doubled amid a flurry of retail-crazed trading. While investors cheered the surges, Wall Street analysts voiced warnings that the gains ignore reality.</p>\n<p>Loop Capital Markets’ Anthony Chukumba downgraded Bed Bath &amp; Beyond to sell, saying the purveyor of home goods has “lost market share, mind share, and consumer relevance” with none of the updates materially changing his skeptical view on the stock. Avis, which fell about 10% in early trading,was downgraded&nbsp;by both JPMorgan Chase &amp; Co. and Deutsche Bank AG, who warned the company’s $20 billion valuation wasn’t realistic.</p>\n<p>To be fair, Wall Street has warned that valuations for cult-favorites like AMC Entertainment and GameStop have been divorced from reality for more than nine months. But that hasn’t stopped retail traders and hedge funds looking to strike it rich quick.</p>\n<p>For investors who got in before the start of 2021, it’s been lucrative. Movie-theater company AMC Entertainment is up 1,730% and GameStop is up roughly 1,000%, while newer meme stocks like the Donald Trump-tied SPAC, Digital World Acquisition Corp., and&nbsp;Ocugen Inc.&nbsp;have returned more than 500% apiece.</p>\n<p>A basket of 37 retail-trader favorites tracked by Bloomberg News has climbed 5.8% this week, besting a 0.6% return for the S&amp;P 500 Index. The group of stocks preferred by day traders rallied&nbsp;4.9% on Monday&nbsp;for the best day since late August.</p>\n<p>Here are some retail-favorites that are seeing notable gains before Wednesday’s market open</p>\n<ul>\n <li>AMC Entertainment climbs 5%</li>\n <li>GameStop rises 3.8%</li>\n <li>Koss Corp. rises about 4%</li>\n <li>Naked Brand jumps 3.3%</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bed Bath & Beyond’s Stock Surge Revives Retail-Trader Mania</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBed Bath & Beyond’s Stock Surge Revives Retail-Trader Mania\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 20:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-03/bed-bath-beyond-s-stock-surge-revives-retail-trader-mania?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Excitement that’s triggered a surge in Bed Bath & Beyond Inc. shares after a whirl of announcements has fueled a rally in other retail-trader favorites, causing chatrooms like StockTwits to light up ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-03/bed-bath-beyond-s-stock-surge-revives-retail-trader-mania?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OCGN":"Ocugen","CAR":"安飞士","KOSS":"高斯电子","GME":"游戏驿站","BBBY":"3B家居","AMC":"AMC院线"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-03/bed-bath-beyond-s-stock-surge-revives-retail-trader-mania?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100947774","content_text":"Excitement that’s triggered a surge in Bed Bath & Beyond Inc. shares after a whirl of announcements has fueled a rally in other retail-trader favorites, causing chatrooms like StockTwits to light up with optimistic comments.\nThe retailer soared 55% in trading before Wednesday’s U.S. stock-market open, the day after releasing plans to help its turnaround. The advance triggered gains in original meme stocks like AMC Entertainment Holdings Inc.,GameStop Corp., and Koss Corp. in early trading.\nRetailer Bed Bath & Beyond was among the many so-called meme stocks that saw meteoric gains turn to pain earlier this year amid concern about the company’s fundamentals. Shares closed at their lowest level in more than a year last week amid muted expectations afterquarterly sales missedestimates.\n\nThis week’s resurgence is likely fueled in part by FOMO -- fear of missing out -- and those who have bought into the investing mantra of YOLO -- you only live once. The appetite for risky investments among retail traders appears to be rising, according to Vanda Research.\nThe red-hot rally comes just a day after Avis Budget Group Inc. more than doubled amid a flurry of retail-crazed trading. While investors cheered the surges, Wall Street analysts voiced warnings that the gains ignore reality.\nLoop Capital Markets’ Anthony Chukumba downgraded Bed Bath & Beyond to sell, saying the purveyor of home goods has “lost market share, mind share, and consumer relevance” with none of the updates materially changing his skeptical view on the stock. Avis, which fell about 10% in early trading,was downgraded by both JPMorgan Chase & Co. and Deutsche Bank AG, who warned the company’s $20 billion valuation wasn’t realistic.\nTo be fair, Wall Street has warned that valuations for cult-favorites like AMC Entertainment and GameStop have been divorced from reality for more than nine months. But that hasn’t stopped retail traders and hedge funds looking to strike it rich quick.\nFor investors who got in before the start of 2021, it’s been lucrative. Movie-theater company AMC Entertainment is up 1,730% and GameStop is up roughly 1,000%, while newer meme stocks like the Donald Trump-tied SPAC, Digital World Acquisition Corp., and Ocugen Inc. have returned more than 500% apiece.\nA basket of 37 retail-trader favorites tracked by Bloomberg News has climbed 5.8% this week, besting a 0.6% return for the S&P 500 Index. The group of stocks preferred by day traders rallied 4.9% on Monday for the best day since late August.\nHere are some retail-favorites that are seeing notable gains before Wednesday’s market open\n\nAMC Entertainment climbs 5%\nGameStop rises 3.8%\nKoss Corp. rises about 4%\nNaked Brand jumps 3.3%","news_type":1,"symbols_score_info":{"AMC":0.9,"BBBY":0.9,"CAR":0.9,"DWAC":0.9,"GME":0.9,"KOSS":0.9,"OCGN":0.9}},"isVote":1,"tweetType":1,"viewCount":1690,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}