Bed Bath & Beyond shares boosted by insider buying [Seeking Alpha]
Bed Bath & Beyond Inc. (BBBY)
Last bed bath & beyond inc. earnings: 4/15 04:15 pm
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bedbathandbeyond.com
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Source: Seeking Alpha
Bed Bath & Beyond shares boosted by insider buyingJul. 06, 2022 5:05 PM ETBed Bath & Beyond Inc. (BBBY)By:Kevin P. CurranSA News Editor7 Commentskrblokhin/iStock Editorial via Getty ImagesThe purchase of 50K shares by newly-minted CEO Sue Gove promoted a pop for Bed Bath & Beyond (NASDAQ:Shares of the New Jersey-based retailer rose over 8% at after-hours highsbefore moderating gains to around 5% as the news settled. Gove was only named as CEO one week ago,acceding to the role after a disastrous earningsrelease at the close of June.Other insiders reporting purchases included board chair Harriet Edelman and board member Jeffrey Kirwan, each of whom bought 10K shares.Read more on thefurther downside expected by analysts
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