Coca-Cola, Bed Bath & Beyond, Foghorn Therapeutics and Eli Lilly are among the biggest moving stocks on Monday.
Here are some of the biggest stock movers in premarket trading on Monday, as U.S. stock-index futures headed slightly lower.Coca-Cola Co. KO stock rose 1.2% in premarket trading after the beverage giant’s first-quarter profit and revenue beat forecasts as it kept its full-year growth outlook unchanged.
Shares of Eli Lilly & Co. LLY rose 0.5% in premarket trading after the drugmaker announced an deal to sell its hypoglycemia treatment for people with diabetes Baqsimi to Amphastar Pharmaceuticals Inc. AMPH for up to $1.075 billion in cash and potential milestone payments. Amphastar shares were not trading.Bed Bath & Beyond shares BBBY slumped 40% in premarket trading after the home-goods retailer said Sunday that it filed for Chapter 11 bankruptcy.
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Bed Bath & Beyond's rocky ride to bankruptcy filingBed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat.
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Bed Bath & Beyond files for bankruptcy protection after long struggleBed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat.
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Bed Bath & Beyond files for Chapter 11 bankruptcyBed Bath & Beyond filed on Sunday for Chapter 11 bankruptcy, the retailer said in a press release.
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Bed Bath & Beyond Files for Bankruptcy ProtectionBed Bath & Beyond has filed for bankruptcy after a series of last-ditch efforts to raise enough equity to keep the business alive failed at the eleventh hour.
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