
A Commodities Perfect Storm. Bed Bath & Beyond Goes Meme Stock.
Barron's Streetwise
00:00
Bed Bath Shares Slid 34 % on Monday
The us. birth rate fell by an estimated four % in two thousand 20 to its lowest level ever. The baby chain has decent growth and healthy profit margins, whereas bed bath as a chain has been losing market share. More than a hundred five million shares traded on monday, versus just a few million shares on the days just before one. One reason might be years of falling birth rates.
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