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Bed Bath &Beyond Shares Down 48.9% Since SmarTrend's Sell Call (BBBY)

By David Diaz

SmarTrend identified a Downtrend for Bed Bath &Beyond (NASDAQ:BBBY) on May 13th, 2019 at $15.42. In approximately 3 months, Bed Bath &Beyond has returned 48.95% as of today's recent price of $7.87.

In the past 52 weeks, Bed Bath &Beyond share prices have been bracketed by a current low of $7.72 and a high of $19.59 and are now at $7.87. The 200-day and 50-day moving averages have moved 0.54% lower and 2.47% lower over the past week, respectively.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Bed Bath &Beyond.

Log in and add Bed Bath &Beyond (BBBY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights bed bath &beyond

Ticker(s): BBBY