Bed Bath & Beyond's Bankruptcy Fears Cause Stock Drop.

Bed Bath & Beyond's stock price tumbled by as much as 25% amid growing speculation that the retailer will soon file for bankruptcy. The company is reportedly preparing for a possible Chapter 11 filing and is also exploring financing options to fund itself during bankruptcy. Bed Bath & Beyond's shares have been volatile since the beginning of the year when the company indicated it was preparing for a potential bankruptcy filing. The stock had surged by about 95% over the past three days before the recent drop.