Shares of retail and apparel companies, including Bed Bath & Beyond Inc. (NASDAQ:BBBY), are trading lower in possible sympathy with Five Below Inc (NASDAQ:FIVE), which fell following fourth-quarter earnings and soft guidance.
Bed Bath & Beyond may also be trading lower in sympathy with the broader market as stocks pull back following Tuesday’s strength. Worse-than-expected US GDP and a rebound in oil prices have weighed on market sentiment.
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Bed Bath & Beyond is a home furnishings retailer, operating just under 1,000 stores in all 50 states.
Bed Bath & Beyond is trading lower by 15.40% at $23.04. Bed Bath & Beyond has a 52-week high of $44.51 and a 52-week low of $12.39.
