Bed Bath & Beyond's Stock Plummets on Reverse Stock Split Plans.
TL;DR
Bed Bath & Beyond shares dropped by around 24% after announcing a special shareholder meeting to approve a 1-for-5 to 1-for-10 reverse stock split. Credit Suisse shares dipped 52.9% after UBS agreed to acquire the bank for $3.2 billion. Meanwhile, Loyalty Ventures and Gelesis Holdings were among the top gainers.
Topics:businessstock-market#bed-bath-and-beyond#credit-suisse#gainers#losers#stock-market#stock-split
- Why Bed Bath & Beyond Shares Are Trading Lower By Around 24%? Here Are Other Stocks Moving In Monday’s Mi Benzinga
- Bed Bath & Beyond stock falls further as the retailer seeks reverse stock split Yahoo Finance
- Bed Bath & Beyond (NASDAQ:BBBY) Seeking Alpha
- Bed Bath & Beyond Stock Falls 21%, Complicating Further Fundraising The Wall Street Journal
- BBBY Stock Alert: Bed Bath & Beyond Plunges on Reverse Stock Split Plans InvestorPlace
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