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Bed Bath & Beyond Is Downgraded at Baird After 'Meme Stock Frenzy'
Baird moved to the sidelines on $Bed Bath & Beyond Inc(BBBY.US$ after a sizzling rally which the firm called the latest meme stock frenzy. The firm downgraded the retailer to Underperform from a prior rating position of Neutral. "This frenzied move (>100% of the public float traded on Monday) has been driven by non-fundamentally focused market participants." updated anal...
Baird moved to the sidelines on $Bed Bath & Beyond Inc(BBBY.US$ after a sizzling rally which the firm called the latest meme stock frenzy. The firm downgraded the retailer to Underperform from a prior rating position of Neutral. "This frenzied move (>100% of the public float traded on Monday) has been driven by non-fundamentally focused market participants." updated anal...
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