Thursday, 29 June 2023

Bed & Bath & Beyond brand sold to Overstock.com, stock soars 20%

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Bed & Bath & Beyond brand sold to Overstock.com for $21.5 million, stock soars 20%

"Combining the strengths of the Overstock operational model and the Bed Bath & Beyond brand will create a powerful synergy," Overstock.com's CEO Jonathan Johnson said in a prepared statement. "I'm excited for consumers to experience the new Bed Bath and an even bigger and better Beyond."


AMC Entertainment Holdings Inc.'s stock ended Wednesday's session up 7.6% on the eve of a key hearing in the company's push to convert its AMC Preferred Equity Units into common stock.






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