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The furniture retailer’s reboot is a clever gambit but merging two distinct merchandise themes is not without risk
Trading in bankrupt US retailer’s stock has continued in ‘mutation of meme stock phenomenon’
Tensions with Sixth Street Partners reveal the knife-edge nature of distressed-debt investing in a weaker economy
And Bed Bath & Beyond’s bad buybacks
Once popular US home goods retailer failed to keep up with the rise of online shopping
The struggling chain will probably stay solvent because irrational retail shareholders will subsidise its rescue
Plan announced after a day in which the home goods retailer’s shares shot up more than 90%
US home goods retailer says it does not have enough cash to repay debts of more than $1bn owed to the bank
US home goods chain says there is substantial doubt about its ability to continue as a going concern
Zero tendies
Company’s quarterly sales have repeatedly dropped by a remarkable 20% or more
There are good arguments for holding many more than 30 stocks
Laura Crossen will replace Gustavo Arnal, who fell to his death from a New York apartment building
Gustavo Arnal was chief financial officer of struggling home goods retailer
Investor gained $60mn on sale of Bed Bath & Beyond shares after dramatic price rise
Student bet his whole $27mn on one volatile stock and sold his stake just weeks later
Plus, Tiger Global reins in its risk appetite
Jake Freeman raised $27mn through Wyoming-based fund and bet it all on shares of Bed Bath & Beyond
Divestment by GameStop chair caps frenzied week for struggling homeware retailer
Twenty-year-old Jake Freeman amassed big stake in struggling retailer before share price soared
Shares in the home goods retailer have surged despite its shrinking cash position and struggle to revive sales growth
Wealthier consumers splash out despite economic gloom while budget-conscious rein in spending
Shares plunge on quarterly results for US company ‘sinking in a sea of red ink’
Speculative trading urge will not go away quickly when money is so cheap to borrow
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