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2022-06-29 21:17:24 By : Ms. Echo Wong

Shares of Bed Bath & Beyond Inc. BBBY, -23.58% plummeted 23.58% to $4.99 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.27% rising 0.27% to 31,029.31 and the S&P 500 Index SPX, -0.07% falling 0.07% to 3,818.83. This was the stock's fourth consecutive day of losses. Bed Bath & Beyond Inc. closed $34.31 below its 52-week high ($39.30), which the company reached on June 30th.

The stock underperformed when compared to some of its competitors Wednesday, as RH RH, -2.65% fell 2.65% to $237.32, Container Store Group Inc. TCS, -6.12% fell 6.12% to $6.75, and Macy's Inc. M, -2.84% fell 2.84% to $18.83. Trading volume (34.7 M) eclipsed its 50-day average volume of 5.7 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

CoinFlex’s chief executive Mark Lamb said Tuesday that it issued a notice of default to Roger Ver, alleging that Ver failed to meet a margin call and owes the exchange $47 million USDC. 

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