Bed Bath and Beyond plummets 25% after earnings miss\, but BofA sticks to \'buy\' and expects 111% upside (BBBY)

Bed Bath & Beyond plummets 25% after earnings miss, but BofA sticks to 'buy' and expects 111% upside (BBBY)

Business Insider Thursday, 9 July 2020 ()
Bed Bath & Beyond plummets 25% after earnings miss, but BofA sticks to 'buy' and expects 111% upside (BBBY)· *Bed Bath & Beyond plummeted 25% on Thursday after the company reported dismal first quarter earnings.*
· *The company saw revenue get cut in half, and announced it would be closing 200 stores over the next two years.*
· *Despite the retailer's weak earnings, Bank of America reiterated its "buy" rating on Thursday and...
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