Bed Bath & Beyond stock rockets a day ahead of ‘strategic update’

Shares of Bed Bath & Beyond Inc. soared Monday, as meme-stock investors expressed optimism a day ahead of the home goods retailer’s strategic update. The stock rocketed 27.4% in afternoon trading, while the S&P 500 index SPX, -0.17% slipped less than 0.1%. On Friday, the stock had climbed 5.9% while the S&P 500 tumbled 3.4%, … Read more

Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling

Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, capping a wild stretch of trading in the stock and marking the latest sign that meme-stock mania is still alive. Mr. Cohen, the co-founder of pet-supply retailer Chewy Inc., developed a deep fan base of individual investors last year … Read more

Mattel is set to surge after recent turnaround, Bank of America says

Mattel is through its turnaround and is now in growth mode, making this a good time to snap up shares of the toy company, according to Bank of America. Bank of America initiated coverage of Mattel with a buy rating and a $31 price target, 32% above where shares closed Wednesday. Mattel has worked in … Read more

GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and Salesforce . com will report on Tuesday, followed by Chewy, GameStop , and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings , Hormel Foods , Lululemon Athletica , … Read more