GameStop Gods Unchained NFT trading cards to loyalty program perks in digital world push

Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. John Minchillo | AP GameStop is adding NFT trading cards for the virtual game Gods Unchained as a perk for its loyalty program members as the legacy retailer works to deepen its reach … Read more

Apple, Amazon, Bed Bath & Beyond, Netflix

Here are Wednesday’s biggest calls on Wall Street: Bank of America reiterates Boeing as neutral Bank of America said Boeing has become a turnaround story. “Balancing short-term catalysts against long- term issues and challenges is the key to understanding BA’ s stock, in our view.” Credit Suisse initiates ChargePoint as outperform Credit Suisse said in … Read more

Lowe’s chief marketing officer Marisa Thalberg leaves company in shakeup

Marisa Thalberg, executive vice president and chief brand and marketing officer. Source: Marisa Thalberg Lowe’s chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company said Tuesday. The home improvement retailer has cut her role and moved its marketing team under Bill Boltz, executive vice president of merchandising. … Read more

Bed Bath & Beyond Stock Sinks. It’s Cutting 20% of Jobs and Closing 150 Stores.

Text size Bed Bath & Beyond said it will close 150 of its stores and lay off 20% of its workforce to reduce costs. Joe Raedle/Getty Images Bed Bath & Beyond shares dropped on Wednesday after the troubled retailer said it was laying off a fifth of its workforce and closing more than a hundred … Read more

5 things to know before the stock market opens Friday, August 19

Traders work on the floor of the New York Stock Exchange (NYSE), August 17, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Rough morning for stocks The three major U.S. indexes were primed to open in negative territory Friday morning, dimming hopes … Read more

Frenzied trading in meme stocks is a warning sign for the broader market

Feverish trading in speculative stocks can be a warning sign that the broader market is near a top. Bed Bath & Beyond has been one of those plays, surging more than 25% Wednesday afternoon. That follows five jumps of at least 20% this month. The stock ended July at $5.03 and was near $26 Wednesday. … Read more

Bed Bath & Beyond downgraded during massive meme surge Tuesday

The social media fueled surge in Bed Bath & Beyond shares is a solid opportunity to sell, according to Alex Arnold at Odeon Capital Group. The firm on lowered its rating on the retailer to sell from hold while maintaining its $7.50 price target. Shares of Bed Bath & Beyond skyrocketed more than 60% to … Read more