|

BBBY Stock Forecast: Bed Bath & Beyond rises, GameStop and AMC tumble during market sell off

  • NASDAQ:BBBY gained 5.94% during Friday’s trading session.
  • Daily trading volume surged on Friday as BBBY looks to squeeze again.
  • Investors might also be interested in the company’s strategic update next week.

NASDAQ:BBBY pulled off an improbable rise on Friday despite the broader markets tumbling to close the week. Shares of BBBY rose higher by 5.94% and closed the trading week at a price of $10.70. Stocks were hammered on Friday as Fed Chairman Jerome Powell delivered a hawkish speech from Jackson Hole that hinted at more pain ahead for the US economy. The eight-minute speech was short and to the point, and caused an immediate crash on Wall Street. Overall, the Dow Jones sank by 1,008 basis points, the S&P 500 dropped lower by 3.37%, and the NASDAQ tumbled by 3.94% during the session.


Stay up to speed with hot stocks' news!


How did Bed Bath and Beyond manage to eke out a positive day despite the broad market sell off? The daily trading volume soared past the recent average, as more than 56 million shares changed hands on Friday. Intense buying pressure was offset by selling pressure for other meme stocks, including GameStop (NYSE:GME) which continues to fall following Chairman Ryan Cohen selling his stake in BBBY in the middle of the short squeeze. Both AMC (NYSE:AMC) and Ape (NYSE:APE) also sank lower, in what has been a volatile week of trading for meme stocks.

BBBY stock price

BBBY Stock

There could also be some optimism surrounding Bed Bath and Beyond as the company announced it would deliver a strategic update on August 31st. While the company is far from being in a strong financial state, it is believed that it recently secured a new loan plan in the amount of $375 million. We could continue to see buying pressure for BBBY until the announcement on Wednesday.


Like this article? Help us with some feedback by answering this survey:

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to PremiumSign In

Author

More from Stocks Reporter
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD holds above 1.1750 due to cautious trade before FOMC Minutes

EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar moves little amid market caution ahead of the Federal Open Market Committee December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s 2026 outlook.

GBP/USD finds key support near 1.35 despite year-end grind

GBP/USD remains bolstered on the high end as markets grind through the last trading week of the year. Cable caught a bullish tilt to keep price action on the high side of the 1.3500 handle, though year-end holiday volumes are unlikely to see significant progress in either direction as 2025 draws to a close.

Gold gains on Fed rate cut bets, safe-haven demand

Gold price edges higher above $4,350 during the Asian trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.

Solana risks correction within descending wedge as bearish bets rise

Solana hovers above $120 at press time on Tuesday after a nearly 2% decline on Monday. The SOL-focused Exchange Traded Funds see renewed interest after recording their lowest weekly inflow last week.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).