Bed Bath & Beyond just filed for bankruptcy with its shares down 99%. Here are the winners and losers from the meme stock's epic rise and fall.
Michael Burry, the investor of"The Big Short," likely made a solid return on BBBY stock based on theBurry's firm, Scion Asset Management, owned BBBY shares at the end of the third quarter of 2019 and the second quarter of 2020, before the meme-stock mania took hold in January 2021.Short sellers have racked up $142 million in mark-to-market profits over the past 12 months, the news outlet reported.
If BBBY stock is delisted as expected, shareholders are unlikely to receive the full value of their shares. In corporate bankruptcies, stockholders tend to be repaid only after creditors and bondholders are made whole.from a bankruptcy court to continue paying its employees and suppliers, and to access a $240 million credit facility that will help to cover its operating costs.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Struggling Bed Bath & Beyond files for bankruptcy protectionThe beleaguered home goods chain made the filing Sunday in U.S. District Court in New Jersey and said it will start an orderly wind down of its operations.
続きを読む »
Time is running out for Bed Bath & Beyond coupons after bankruptcyYou've only got a couple of days left to use Bed Bath & Beyond coupons after the retailer filed for bankruptcy
続きを読む »
Monday briefing: Abortion pill ruling; Sudan evacuations; Pittsburgh synagogue shooting trial; Bed Bath & Beyond; and moreMonday briefing: - A key abortion pill will remain available, for now. - American diplomats were evacuated from Sudan. - Bed Bath & Beyond filed for bankruptcy yesterday.
続きを読む »
Foreigners airlifted out of Sudan; Bed Bath & Beyond files for bankruptcy; and more morning headlinesCheck out today's top stories, celebrity birthdays and a look back at this day in history.
続きを読む »