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Benzinga
Benzinga
Business
Melanie Schaffer

Chart Wars: Between Bed Bath & Beyond And Wayfair, Which Shopping Stock Will Win?

Bed Bath & Beyond, Inc (NASDAQ:BBBY) and Wayfair, Inc (NYSE:W) are both trading higher on Monday although Bed Bath & Beyond gapped up a whopping 85% off Friday’s closing price, while Wayfair was trading up a more conservative 2%.

Both stocks have plummeted from their all-time highs, with Bed Bath & Beyond trading down about 70% from its Jan. 3, 2014, all-time high of $80.82 and Wayfair currently trading down about 65% from its Jan. 14, 2021, all-time high of $36. The stocks are both showing signs the bottom may be in and sentiment may be changing.

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