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Bed Bath And Beyond Falls By 10%
Description
Shares for Bed, Bath, and Beyond ($BBBY@US) fell 10 percent in premarket trading on Wednesday following the announcement that interim CEO Sue Gove would be permanently appointed to the position. The company’s stock has fallen 63 percent this year as of Tuesday’s close and faces a holiday shopping season vital to its survival. The home retail company has had trouble stocking its shelves with major products such as KitchenAid stand mixers and Dyson vacuums.
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