HomeLifestyleRetailBed Bath & Beyond (BBBY) Plummets As Ryan Cohen Sells Stake

Bed Bath & Beyond (BBBY) Plummets As Ryan Cohen Sells Stake

Bed Bath & Beyond (BBBY) gave back a good majority of its early week strength. George Tsilis joins Alex Coffey and Jenny Horne to discuss this fall in BBBY and meme stocks, highlighting GameStop (GME) and AMC (AMC). They talk about how part of BBBY’s drop can be attributed to Ryan Cohen selling his entire stake which totaled about $178M. They then go over understanding volatility in meme stocks, as well as how hard it is to determine which stock will become meme stocks. Tune in to find out more.

Next Gen Investing

19 Aug 2022

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