35 Burst results for "Bed Bath"
Bloomberg Radio New York
"bed bath" Discussed on Bloomberg Radio New York
"Up 69 again there of 7 tenths of 1%. Ten year yield 4.16%, the two year yielding 4.65% spot gold up 3.1%, 1680 the ounce and a surge today for crude WTI West Texas intermediate up 5.1%, 92 63 a barrel. Briefly, some Bed Bath & Beyond suppliers say the are restricting or halting shipments even after the company's secured new financing Bed Bath & Beyond down now by 2.4%. Craft king shares plunging 27% of the sports betting company saw its user growth slow in the third quarter. And briefly, after earning Starbucks shares, they're up now by 8%. I'm Charlie palette. That is a Bloomberg business flash. Thank you so much for that update Charlie palette really appreciate it. It's Tim Steve and Katie greifeld. It's Bloomberg business. We can rely on the Bloomberg interactive brokers studio in New York. Katie filling in for Carol, who is on assignment. She will be back next week. We've got a great story on the Bloomberg terminal this afternoon. It's all about the transition to clean energy. And there's a surprising place where we're actually seeing green jobs, a proliferation of them. And to see surprising because Georgia is what we're talking about. And it's in the crosshairs right now because of gubernatorial election and a Senate election as well. But it's also showing how a once deeply red state has gone big on green jobs. We got Brian eckhaus with us. He's deputy team leader for power and climate for Bloomberg news. He joins us via Zoom from Los Angeles this afternoon. Brian, good to have you with us. Hey, why Georgia? I mean, as you write in the piece, there's no mandate for clean energy when it comes to using solar in the state, for example. Yeah, but they have a lot of things going for them. One, they've got one of the most trafficked airports in the country in Atlanta. They've got a strong rail network. They've got a port. It's a right to work state so you don't have to be mandated to join a union. It's also has low electricity prices. And property taxes are lower property prices are lower. So it makes sense in the point of view of it's a strong logistical hub. Has this factored into Georgia's politics at all? I mean, I still think of Georgia as a red state. It's unintuitive to think it would be so big on clean tech. That's a great question. Last year in two Senate races, Democrats won both Senate seats. John ossoff winning and Raphael warnick would allow Democrats to pass a party line vote for the most landmark climate Bill in the history of the country. And that will enable more plants, factories that make solar and batteries and EV equipment. In places like Georgia and South Carolina, Tennessee and Ohio, places with really strong automotive partitions that may not have a lot of solar panels on roofs around the ground. So what is, okay, apart from what's happening in Georgia because you mentioned just now Tennessee South Carolina, Ohio, other traditionally red states. If it's not necessarily, okay, apart from this being a good place for these jobs. Is there certain policy that is driving decisions like this or is this kind of a win of the free market, Brian? I think for Georgia, many ways it is a one in the free market. They are advocating to companies that are overseas that want to have vectors in the U.S. that look, if you want to have cheap land, cheap power, you should come here. Granted, they're offering subsidies, which every state and region tend to do to win jobs. So it's not completely fair. But that said, it's much more free market driven to other states on the coast. They really pushed renewables and clean tech ten years ago. What it was at mainstream. Now in many cases it is. And it's, I mean, it's just funny, Brian, you highlight in the piece that you have, you know, the Republicans in Georgia taking credit for this, you know? You write that Republican governor Brian Kemp. He's touted the surge in green jobs. I mean, how big of a talking point has this turned into? It's a pretty big deal. I mean, they've lowered the last couple of years. The biggest solar factory in the western hemisphere. They're bringing Hyundai they're bringing in rivian. SK has a half mile long battery factory that an hour northeast of Atlanta. It's a major job creator in the state. Everybody wants credit for it. And in many ways, it's bipartisan achievements, which you don't see in a lot of states on the coast where it really is viewed as a democratic progressive initiative. Brian, in your piece, there was nothing about nuclear, which I found interesting because nuclear power is something that is increasingly or I should say still a part of Georgia. And Katie and I spoke to a CEO of a crypto firm based in California earlier, this month. And he told us that they are actually expanding in Georgia because of the proximity they have to nuclear energy when he can set up Bitcoin miners there. How did you think about nuclear when you approach this piece? I mean, you're right. I mean, nuclear is a very important part of the energy mix in Georgia. The only new nuclear reactor that's going up in the country is in Georgia It definitely is part of their story. But the story that focused on this one was more about creating jobs for manufacturing. And in many ways, because of state level incentives, there wasn't their nature of the free market in Georgia, but also the fact that you have congressional bills that pass under Biden. We're going to see a huge jump in manufacturing for clean tech in the southeast and the Midwest. You're joining us right now from our beautiful Los Angeles office, which is just fantastic and brings me back to memories of me being there, which by the way, Katie, if you haven't been to the LA office, it's pretty simple. I've never been to California. That's not true. No, it's not. I haven't been to the Los Angeles bureau. It's really nice. Light streaming through the windows. So Brian, if you're Gavin
KOMO
"bed bath" Discussed on KOMO
"The New York City medical examiner is ruling the sudden death of an executive a suicide. Gustavo arnall, the CFO of Bed Bath & Beyond jump to his death Friday from the 18th floor of a downtown Manhattan high rise. Arnell's death coming days after the struggling retail giant announced it would close around 150 stores and lay off a 5th of its employees. They had about a $100 million in cash and they burned through over $300 million in cash in the previous quarter. And they were about to run out of cash so they desperately needed to both cut costs and to raise more money somehow. This on top of the $1.2 billion stock fraud lawsuit facing Bed Bath & Beyond are now named as a defendant in that class action lawsuit along with investor Ryan Cohen and others. The defendants accused of artificially inflating the company's value when Cohen bought nearly a 10% stake in the company and then sold it for a huge profit a few months later. They were both sued for essentially what's called a pump and dump scheme where they drive up the stock artificially so that they can sell it and make a profit. At the time, Bed Bath & Beyond stock price shot up over 350%, becoming what's known as a meme stock. What a stock gains popularity among young retail investors through social media. Investor Ryan Cohen, who rose to fame for his big bets on GameStop stock in 2020, was one of the biggest names to buy a stake in Bed Bath & Beyond. Shares surging when Cohen's involvement was first revealed. ABC News reached out to Cohen for comment, but did not hear back and in a statement about Gustavo arnall Bed Bath & Beyond said, quote, he'll be remembered by all he worked with for his leadership talent and stewardship of our company, our focus is on supporting his family and his team during this sad and difficult time. And if you or someone you know is struggling with thoughts of suicide, free confidential help is available 24 hours a day, 7 days a week, you need to call or text the national hotline at 9 8 8. ABC's will reeve. Your stock charts dot com money update on news radio 1000 FM 97 7. The stocks finished lower, this first day of the holiday shortened trading week the Dow off around 170 points, the NASDAQ and S&P both lower as well. In today's economic news, the institute for supply management said that service actor activity unexpectedly grew in August. In commodities these oil futures settled a bit higher following OPEC's decision to cut output by 100,000 barrels a day next month, West Texas intermediate crude futures gained a penny to $86 88 cents a barrel. CVS Health says today that it's buying Dallas based home healthcare company signify health for about $8 billion. The transaction is expected to close in the first half of next year. That's your money now. A federal judge in Florida has authorized a special master to review the documents seized in the Mar-a-Lago search. Lawyers for Trump had requested it. Here's ABC News senior investigative correspondent Aaron kotze with more. The judge temporarily blocked the Justice Department from using any of the seized materials that they took from Donald Trump's home back on August 8th for any criminal investigative purpose. That means not only do they have to stop reviewing the materials. Yes, they've been through them at least once, but that's an ongoing process. It means they can't even ask a witness about the materials say in a grand jury proceeding. A deadly fire broke out Monday in California, which is already dealing with several wildfires. At least 1500 households forced to evacuate up to the fairview fire
The Officer Tatum Show
The Envaluable Nature of Gun Ownership
"I want to continue to talk about this idea of gun ownership. The invaluable nature of being able to own and on your own gun and defend yourself. You know, unless the government is going to provide a police officer that's sitting on my street 24 hours a day, 7 days a week. I have to hold down the fort. We got a guy, we were looking on the ring camera community thing. There are some guy brazen enough to go on the lady's house down the street from where we live. Well, it's not down the street just across the golf course of where we live. What was in our House, I guess she woke up, yo, she went to get some water. She caught him in there and he ran. The police ain't sitting at your front door. So when some thug want to go night night and he need Brandon Tatum to help him go night night, then I'm very glad to do that for you.
The Officer Tatum Show
The Long Game on Gun Control Is a Short One
"The overwhelming majority of people who die due to a firearm, they die from handguns, it's not even close. Handguns and rifles aren't even close at all. You would think if it was really about protecting people, they would ban handguns because handguns are responsible for majority of the school shootings, they're responsible for majority of the deaths that occur by way of a firearm. They're much more easily concealed, they're much more readily in the available and they're cheaper. Handguns would be banned if our government actually wanted to do something to curb violence in the United States of America. It has nothing to do with that. They can not ban handguns. They have to go for the big scary ones because there's people in this country that are so wimpish and half brain dead that they look at a gun because it's big and scary and they disagree with whatever the government says. They're going to start with the rifle, then they go into the handgun, they want us to be disarmed populace.
The Officer Tatum Show
Two Brothers Go on Stabbing Spree in Canada
"Don't you find it ironic and I know it's very sad as well, but it's ironic that there is a mass stabbing in Canada. As their dictator alludes to the fact or at least try to push the agenda that there's no need for handguns in Canada. It just blows my mind, this person who went on a stabbing spree, and I thought I could remember the numbers. I think he killed 13 people. Let me look at the numbers so I can get it right. They kid a whole bunch of people. I'm a fine, I'm a final number. I totally thought I could remember, but I can't. Him and his brother, it appears that it was his brother, and he was found dead in a field, not sure according to authorities, one of the suspects was found dead and it didn't appear to be self inflicted injuries. So I don't know if somebody fought him back and killed him or his brother killed him, but these two brothers went on a stabbing spree and just started slaughtering people. And they killed more people, and that particular scenario then some of these quote unquote mass shootings that have occurred in the United States of America.
The Officer Tatum Show
Black Leaders Have to Do Better
"Black Lives Matter. I'm done with them. I think I beat the dead horse. It's very shameful that people of color, it seems that we can't get nothing. We can't get our stuff together. I'm just being honest. You know, I look at the movie Uncle Tom two and I just looking at how I feel like there was a bigger majority of black folks that were doing well to have the right mindset believed in God wouldn't about wokeism. And then now you look at it, you say, it's incredibly I don't want to say embarrassing, I will say embarrassing. It's embarrassing. The lack of informed celebrities and leaders in the community. And some people may disregard what I'm saying, but you know, how do you vote at 90% for one party? I mean, just in general, is there no diversity of thought? And I'm telling you how because people come after me.
The Officer Tatum Show
Black Lives Matter Executive Accused of 'Syphoning' $10M
"I got a list of them. They got all your favorite companies, PayPal, slack, we use slack our company. Comcast, Uber, a snap Shopify. We use Shopify on my ecommerce store. I mean, you go to Microsoft, Grubhub, DocuSign, DoorDash, I only want to talk about bumble 'cause none of y'all better be on the bumble. Go down the list, these major corporations, that's not even including celebrities. That's not they had so much influence around the world. And somehow black people found a way to mess it up. How in the work with that much power and influence, why couldn't a group of black people actually do something for black people? Why couldn't they clean up the inner cities, build the schools better, get kids a better education, somehow have a contingency of dads, community leaders, curbing crime in the inner city, they could have done something, they didn't do nothing but pimp y'all. Straight hoodwinked. Patrice colors. Step down until 2021. After they caught her, spending millions of dollars on mansions, then this dude, when she stepped down, she put him in charge. They claim that he didn't extract the $10 million from Black Lives Matter. In 2021, his company was paid $2 million.
The Officer Tatum Show
Black Lives Matter Because It Pays Well
"Can I be honest with y'all? The problem is black folks. Not all. 'cause there's a lot of genuine, smart, good, will to do a well intentioned black folks that live in this country. You will be mine. You will be idiotic if you didn't think that there were great black people that live in this country. But there is a remnant of degenerate black folks. That happened to get in positions of power, they happen to get leadership positions, they happen to be celebrities that people look up to and they are fraudulent as you know what. Out here taking, I think it's shallow Maya. I think that's how you say his name. Shallow Maya, I didn't know who named the key. I don't know if this supposed to be a Muslim or whatever name he's trying to have. I don't know. But you take the people's money, you claim that you care about black lives. And black people are not benefiting from half of this money. And they use the death of thugs for the most part. Name one and they raise money on they wouldn't have to look. I can go down the list. Name one that they raised money for that wouldn't have thug.
The Officer Tatum Show
Judge Grants Trump Special Master Over Investigation
"Let's get into some more information. I just finished breaking it down how Donald Trump got to, I think, an incredible win with the judge granting him the special master to oversee the material that the FBI took from his personal home. Donald Trump in his rally just recently, I didn't watch the rally because I didn't see him a thousand of them. And I tell you what, I ain't never seen nobody talk as long as Trump. I mean, I could talk with Trump, be talking three hours at the rally. You wait for 40 hours, and then he talked for three hours at the end of it. So I didn't watch it, but I'm sure he said a lot of really good things, things that he'd been saying before, things that I agree with. But Donald Trump and his rally really fired up the base with his articulation of what they did when they stormed through his residence. And he spoke about how they went through Melania's closet, he spoke about how they even went through baron his room and, you know, it just gave you this visceral or it can give you a visceral visceral feeling once you imagine what they would have possibly done.
The Officer Tatum Show
California Isn't Quite as Bad as Brandon Thought
"Have to set the record straight because I know a lot of people that listen to me live in California. You know, I, my only exposure to California has been Los Angeles, downtown Los Angeles, and the dirty, ugly places of LA. And I had a little bit exposure to San Francisco, homeless people everywhere, trash everywhere, and so I tell you, I had a negative perception of California. Some of the Fresno area where my wife grew up at, that area is pretty nice. The Hanford, the area is pretty nice. But I had a disdain for California. I hate going to California. I don't like driving on the roads in California. The fact that it's leftists in the taxes are out of control. I just had a true despise for California and I'm willing to admit that to you guys today. Then I went to an amazing church over the weekend. I don't know if I call it preach or spoke. I did three sermons. One on Saturday night, early morning service in the second service in the morning on Sunday. Out there in what I would consider to be, where were we at Orange County? Huntington Beach, Orange County, what's the other place that I was at? Newport Beach. I have to say, after driving in that area, I literally want to move to California now. I have never seen an area so beautiful and clean and neat. My whole perception of California was that it was dirty bombs everywhere and they just taken over every place and so much traffic everywhere. Then I went out there and I said, my God, I see why people live here
WTOP
"bed bath" Discussed on WTOP
"Overtime, both teams are up two games to one in their best of 5 semifinal series. I'm Brian Albin WTO sports The top stories we're following for you this evening on WTO knew this evening, a one year old girl is in the hospital after being shot in prince George's county this afternoon, it happened on good luck road in Glendale around 2 p.m., police say they are investigating the circumstances they don't believe there's a threat to the public. Drivers are seeing gas prices this Labor Day weekend, down from summer highs, although they are still 60 cents per gallon more expensive than last year. Gas buddy says the national average price is now three 79 a gallon. Canadian police said today, ten are dead, 15 people injured from stabbings in 13 locations in two communities of the province of Saskatchewan. People of police have identified two suspects, but they've not indicated a possible motive. Stay with WTO for more on these stories in just minutes. Police are investigating after the chief financial officer of Bed Bath & Beyond fell from a building in Manhattan. The company today confirmed Gustavo arnall's death, the 52 year old was pronounced dead at the scene, though the New York City medical examiner's office will determine the cause of death. Bed Bath & Beyond has faced turbulence recently on Wednesday, the company announced store closings and the layoff of 20% of its workforce to turn its business around. If you or someone you know needs help, call the national suicide prevention lifeline at 9 8 8. Still ahead in money news. What we're seeing about the cost of maintaining a checking account these days. I'm Mark Hamrick with the results of our annual study in my report coming up. 7 18. Traffic and weather on the 8s, Ralph Fox in the WTO traffic center. There is still seeing a long line of brake lights bumper to bumper. This is two 70 on the southbound side between clarksburg and hyatts town, actually the concern is in heights town. It's involving several vehicles last caller told us that there was one stop in the left lane. The others had been moved over to the right shoulder that won in the left lane was non movable so they're waiting on a toe there. The bad news is the backup takes you back to urbana just a long line bumper to bumper until you get through hides down, then you're in pretty good shape because you make your way through two 70. No delays on the northbound side, so that's the good news there. Once you get down to the capitol beltway, we are seeing some delays. This is essentially between Connecticut avenue and three 55. Outside of that, no reports of anything in the roadway, capitol, beltway appears to be moving at speed. On the Virginia side 95, as you make your way south bell, no reported problems through dumfries, across the aka kwon as you get through a quiet harbor down through Fredericksburg, no reported problems northbound there as well. In the district, Connecticut avenue north, west, in the area of cathedral avenue. There was a report of a crash watch for police direction and guiding you through that spot. Back to Virginia, there was a concern Columbia pike was shut down previously this in the area of backlick road due to a crash had lanes blocked in both directions outside of that taking a look at 50 here, 50s in pretty good shape as you make your way out of the district and across the bay bridge, no reported problems or delays in the road. The Baltimore Washington Parkway in good shape at this hour as well, Ralph Fox, WTO traffic. Thank you, Ralph, and now to storm team four meteorologist defense of alley. Oh, we've enjoyed a pretty cooperative weekend so far, Sarah, the only problem is that's going to change as we
The Dan Bongino Show
Winsome Sears: Biden Failed to Address Crime, Inflation in His Speech
"And you go through the issues that Americans care about that he didn't talk about last night you know you look at crime and inflation fentanyl the border all these important issues that Americans are facing and he didn't mention any of them And said he chose to he didn't mention the crime that businesses are suffering You know the smash and grab in the name of social justice How do you get justice If you're committing crimes How does it help the cause for you to take all these watches and formula and all of these other things and Bed Bath & Beyond the stealing towels How does it help the cause when you're playing the knockout game We're just walking up to someone and knocking them out How does it help to cause when you have laws in New York where there is no cash bail And these folks are going right back to the same communities and prey on them How does it help anything What about the inflation that we're suffering What about California And you're telling them that they can have these laws where the other states can come with them when it comes to zero emissions and vehicles He's creating another federal government in California's laws when it comes to zero emissions This is all marching us down the wrong road mister president and you've got to know that There's got to be a part of you that understands you're dividing us and that's not who you said you were That's not what your speech is supposed to be about
AP News Radio
Bed Bath & Beyond to close stores, cut jobs in rebound bid
"I Mike Gracia reporting Bed Bath & Beyond will close stores and cut jobs in a bid to rebound Mired in a prolonged sales slump Bed Bath & Beyond said Wednesday it will close about 150 stores and slash its workforce by 20% The company estimates the cuts will save $250 million in its current fiscal year In addition Bed Bath & Beyond says it has lined up more than $500 million in new financing As of May the home goods retailer operated a total of 955 stores including 769 Bed Bath & Beyond stores 135 bye bye baby stores and 51 stores under the names Harmon Harmon face values or face values It had roughly 32,000 employees as of February I'm Mike Gracia
Bloomberg Radio New York
"bed bath" Discussed on Bloomberg Radio New York
"May take legal action as a response to the FBI search at his Mar-a-Lago property last week. On his truth social media platform, Trump said a major motion relating to the Fourth Amendment will be filed soon. The United Nations secretary general is sticking up for Ukraine over a dispute at a nuclear power plant. Lisa Taylor reports. There's new fears across Europe this morning, the plant is becoming an apparent Russian target. Josh Letterman is in central Ukraine. This morning, as explosions rip through civilian and military areas alike, Ukraine saying Russian occupiers plan to shut down Europe's largest nuclear power plant. If we demilitarize, as we propose, the problem will be solved. The January 6th House committee wants to hear from former vice president Mike Pence. That's the word from Wyoming Republican Liz Cheney, who told ABC News everyone who has information about last year's capital riot has an obligation to step forward. That's the latest I'm Julie Ryan. And I'm susannah Palmer in the Bloomberg newsroom. Things may be getting more complicated for Bed Bath & Beyond as it scrambles for liquidity. Bloomberg's Larry kofsky reports. Susannah sources say some suppliers to the home goods retailer are restricting shipments or halting them altogether after it fell behind on payments. Several firms that provide credit insurance or short term financing to vendors have revoked coverage as well. That bath and beyond shares lost half their value last week after influential investor Ryan Cohen dumped his stake in the company. Susannah. Bloomberg, the Larry kofsky Bed Bath & Beyond a lost another 40.5% in trading yesterday. New York State's unemployment rate stood at 4.4% in July. That is the worst among America's largest states and nearly a full percentage point higher than the national average. More from Bloomberg's Denise Pellegrini. Susanna economic experts and business advocates say the state's high taxes and complex regulatory structures are discouraging employers from hiring. High commercial property taxes upstate and a $15 minimum wage are difficult for some small business owners. And the unemployment rate in New York City now stands at 6.1%. Bloomberg, Denise, Pellegrini. Advocates are calling New York City's land for children of asylum seeking families entering public schools a step forward. Advocates for children of New York's Rita Rodriguez and Berg has spent years fighting for a plan like project open arms and says it looks good on paper. What is actually going to be available at each school, they're going to be human resources available to carry out the plan. And then what's going to be the follow through. So far, at least 6500 migrants have sought help from New York City's shelters. More than 1000 children who will likely need translation and mental health services will be enrolling in the city's public schools. Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. Broadcasting live from the Bloomberg interactive broker studio in New York. Bloomberg 11 three O to Washington, D.C.. Bloomberg 99 one to Boston, Bloomberg, one O 6 one to San Francisco, Bloomberg 9 60 to the country. Syria's XM channel one 19 and around the globe, the Bloomberg business app in Bloomberg radio dot com. This is Bloomberg best. I'm Ed Baxter. And I'm Denise Pellegrini. And a lot of talk about recession we've been hitting it pretty hard here on Bloomberg radio. And some businesses are getting pretty hard hit by the shockwaves of rising interest rates. All right, and at the same time, some shoppers are apparently not exactly holding back on their spending. And Bloomberg sky Johnson and Alex Steele caught up with Michelle Meyer, chief U.S. economist at Mastercard economics institute to ask her what's really happening. Let's listen in
Squawk Pod
"bed bath" Discussed on Squawk Pod
"Say it this year's numbers. We are absolutely going to be following the data. So we expect it to come out in January to see what happened as people return to their jobs and there's definitely going to be more demand for as in person work increases in September, more demand for child care, and we've seen schools with pandemic relief funding and trying to help support kids who were doing school remotely and have some learning gaps, add teacher positions. So what will that look like in September? How will that change? We'll certainly be following the data and it will be interesting to see how that impacts folks returning to work and how it impacts our youth and children. Puppy, thank you, poppy McDonald from USA facts. Good to see you. Becky, see you tomorrow. And make sure everybody else sees this tomorrow as well. And that is the podcast for today this Wednesday in August. Squawk box is
Squawk Pod
"bed bath" Discussed on Squawk Pod
"Pod. The inflation reduction act signed. The impact we hope for American wallets with national economic council director Brian deese. I think the fair characterization is that this bill is the most significant and consequential step that Congress and the president could take on the fiscal policy side to try to reduce price pressures in the economy while also providing consumers with some direct relief. And the striking data behind our educator shortage, more teachers are leaving their jobs than the average worker. USA facts, president poppy McDonald. You can certainly see concern right as parents go back. Will there be qualified day care teachers there? Will there be teachers there to support their kids? Those big stories today, but first, me mania's return. AMC Bed Bath & Beyond and Robinhood all trading up, tasty trades founder Tom on the retail traders getting back in the game. But I think it is really good for the business because it does bring people back and it gets them excited about finance. I think it's good for you. I think it's good for us. It's Wednesday, August 17th, 2022, squawk pod begins right now. In three, two, one, feel good. Good morning, everybody. Welcome to squawk box here on CNBC. We are live from the NASDAQ market site in Times Square. I'm Becky quick along with Andrew Ross Sorkin, Andrew, good to see you again, Benoit. Great to see you. It has been a while since. We've been passing like ships in the night here. But here we are. Here we are. Joe is off today. But it just keeps getting more dramatic. Bed Bath & Beyond, now spiking 60% today it's to $25 a share, and this is its heaviest trading volume day ever. Check out shares of bad bath and beyond rallying as much as 70%, 7 0%. One. Well, this is pretty incredible, okay? GameStop chairman Ryan Cohen is getting in on the action. The existential dynamics to me at Bed Bath & Beyond a different than a GameStop or even an AMC. Check this out because we're watching shares, surging in activity in path and beyond. Where is Joe for this Becky, given that I know this is his favorite favorite company, skyrocketing more than 70% to an intraday high above $28 yesterday. This is a mid multiple halts due to volatility ended yesterday session 29% higher. This comes after a regulatory filing from Monday night that showed that GameStop chairman Ryan Cohen placing another bet on the struggling retailer buying call options this time with strike prices between 60 and $80 that means he's betting the stock can rise as high as $80 per share for context the stock closing on Monday at $16 in a Cohen and purchase purchase grabbing a lot of attention as you might imagine among retail traders on Reddit's WallStreetBets form the ticker was reportedly the most popular mention in that chat room yesterday. We're going to talk more about the story of Tom sasna from tasty trade who can maybe break down what's happening and where all the retail action is coming from. Becky. Twitter, antics from Elon Musk last night, the world's richest person tweeting that he is buying Manchester United before later tweeting that it was a long running joke and that he's not buying any sports teams. Of course, that admission that it's a joke didn't come for more than four hours after the original tweet. And in the meantime, there was quite a bit of activity in Manchester United shares. Manchester United has been traded publicly on the New York Stock Exchange since I believe 2012 that stock is still up by about 3.8%. The tweet followed this one in which Musk said he supports the left half of the Republican Party and the right half of the Democratic Party, but Andrew, I don't know if he didn't know Manchester United was a publicly traded team if he wasn't thinking about this, but clearly markup manipulation if you're looking at this as a regulator. Well, I mean, I don't know if it's market manipulation. I imagine in this case it was unintentional. I want to. My guess is too. My guess is he didn't realize, wasn't thinking it through, but you were talking about people who made and lost a lot of money in the meantime in the four and a half hours. So but I think in terms of in terms of describing his market manipulation, it's only market manipulation if you are demonstrably trying to buy and sell it yourself. Okay, let me say. Let me just say, isn't there the kind of the level of with great power comes great responsibility sort of mantra, the Spider-Man thing? That goes through. There's no question that he should not have tweeted this in any which way, given the impact on the stock market and given the impact on this individual stock and the potential for people to make or lose lots of money. I'm not, I'm not making that argument. I'm just saying in terms of thinking of it as true manipulation. Now I knew that interestingly, there's some folks online who've been looking at options activity and didn't see that. Stock and there were some big, a bunch of it. Very, very recently. Did somebody put a bug in his ear? I mean, that's when it gets more complicated. If in fact, there was something else going on. But I don't know. I've generally, I think, not sympathetic, but I think it was a mistake, I think. Joining us right now to talk about all of it is Tom sassy trades founder and CEO, Tom. I want to get into it with each individual name. But there does seem to be a trend here, the phenomenon does seem to be back at least a little bit. What do you think is happening? Well, I think there was a we had a pretty decent size or durational hiatus and I think everybody got the bug again. There was a big demand for speculation. Andrew, and I think that it's back. It may be short lived, but it's back. Am I wrong to think Tom that the bug you need to have the bug to be back? But you also need to have money to be back and the truth is that money is not really back. I mean, things have moved a little bit higher over the past couple of months and maybe that's what we're talking about here. Well, I think after trading these markets for many, many decades, people, they regroup, and they reload. And I think that once you catch the bug at any point in anywhere in your career, all of a sudden it feels like, hey, I'm missing something when I'm not trading. And I actually think this is really good for business. I don't think necessarily BBBY going up, doubling or something in a couple of days is great for BBBY. But I think it is really good for the business because it does bring people back. And it gets them excited about finance. I think it's good for you. I think it's good for us. And I think it's good for the industry. Can we talk though about what seems like, I don't know, can I call it insanity insanity? When you look at this stock now up 20% in the pre market today, we talked about it being up 70% intraday yesterday off of the effectively call options that Ryan Cohen has bought where he believes that the stock or at least indicates, I don't know if he believes it or not. But indicates that he thinks at least or he's hoping that the stock pays out to him if it's at 60 or $80. But is that realistic? Explain this trade as far as you can see what's happening here. I mean, no, it's not realistic. And no, in my world, from a trader's perspective, I would say it's an idiotic play. But he's taken a shot and he's trying to create some excitement around whatever he's doing. He's taking sometimes people think they can move markets and I guess sometimes they can get people excited if they get to the right crowd, but usually it's pretty, again, it's hard to make it last. And I mean, realistically, the expected move in Bed Bath & Beyond, given where the stock closed last night over the next 30 days
CNBC's Fast Money
"bed bath" Discussed on CNBC's Fast Money
"On the action. A regulatory filing shows Cohen's RC ventures bought call options on 1.6 million shares of Bed Bath & Beyond betting the stock is headed about 300% higher by January. My co is breaking this trade down, Mike. What do you make of this? This one? Well, this is pretty incredible. So first of all, Bed Bath & Beyond traded about 2 million contracts today. That would represent 200 million shares at 7.8 times the average daily volume. And by the way, the float is only about 65 million shares. So the options volume represents about three times the float. Now we saw a lot of activity in strikes as high as the 45s those were actually that expired at the end of this week. Those were the most active contracts, but the ones that really caught my eye. And the ones that he indicated he was purchasing go out to January of 2023, he was buying strikes from 60 up to 80, the 80s traded over a 100,000 contracts today. Those were trading for several dollars a share over three bucks. So buyers of those are risking a material portion of the current stock price on bets that the squeeze that we're looking at here could continue, maybe much, much higher. What was interesting is that shortly after this GameStop shares started to surge as well. I mean, this is all part of this meme complex going on in the risk trade back on. Tim, what do you think? What do you make of all this? Well, I look at the short interest in Bed Bath & Beyond. And 36, 37% at least the readings I'm getting, they could be a little stale, but if anything, maybe there's been that number is lower because there's been a short squeeze, but this is a stock that's had those numbers up close to 60%. And so again, the existential dynamics to me at Bed Bath & Beyond are different than a GameStop or even an AMC. I think they have a business. They have balance sheet issues. And so again, that was also an issue at AMC. I'm not surprised to see this. And this is a broader market dynamic with what's going on with meme stocks and risk. Karen actually emailed me a chart of Bed Bath & Beyond's debt, which is trading horribly compared to what the stock is doing is that they should raise money immediately and take advantage of this stuff. As those other two companies did. Right, exactly. Yeah, but here's the thing, okay? Is it the tail wag in the dog? Just because he goes out there and buys a bunch of calls that are way out of the money there. There's no fundamental reason why this stock should ever trade there. He is squeezing the shorts deliberately and let me tell you, if he did that and then the stock rallies the way to do and then they sell stock, buyer beware there because there's no fundamental reason why the stock should be here right now. I think that's fair to say. And so I mean, to me, this feels like a big fugazi as the kids say. As a guy says. The guy had told me. It's real. I mean. But yeah, exactly. Fundamentals. If he doesn't go do this, he knows that buying all those calls so far out of the money is going to squeeze the stock. Well, and never have to act about what he's spending to buy those calls to produce this much more in market cap. That's an interesting dynamic too. I mean, that's probably a great trait on his part. Yeah, I mean, we can say here all day long and we can talk about what the fundamentals are, but that's what we're going to do is look at the technical of the company, but that's not what this is trading on. That's not what the meme socks have done. And I think we've all seen over the last year. You can't necessarily bet against these retail traders. They clearly have a lot more power and they're realizing that. So no, for the fundamentals, it's not something you're looking at, but it's not to say it can't happen. Mike? Would you be inclined at this point to put on a bearish options trade on bed bath? Or is that just waters to treacherous to tread in? Yeah, so a bearish bet if it meant selling some upside call spreads or something like that, trying to collect some of this highly elevated premium in the vent that the effort to squeeze it doesn't work out. That might make sense? Shorting the stock absolutely not. Selling naked calls, absolutely not. And buying puts, probably not either because they're just too pricing. All right, Mike, thanks for that. Mike co for more options action, be sure to tune into the full show Friday 5 30 p.m. Eastern Time. Up next, final trades. Final trade time, bonna win. Spike all stock replacement. Tim? That higher income trade down in Walmart shares to me is attractive. I think it's stickier than the market. 14. Dear, we talked about this earlier. I actually do like their long-term, their long-term story here. Dan? Yeah, AutoNation, powerful breakout look the reload, maybe on the long side of that breakout level. Such a fun show tonight, Gordy, would you rather, Bono and bring back any guests? I mean, a successful outing. Thank you for watching. See you back here. Tomorrow at 5 9 money, which in Kramer starts. Right now.
Mike Gallagher Podcast
Walmart Pulls MyPillow Products From Stores
"So angry and saddened, I've spent a lot of time in Walmart. I like Walmart. Walmart doesn't have they always make fun of Walmart shoppers. Yeah, we're schlubby and we're trashy and Walmart was one of the last holdouts of the big box stores to keep supporting and selling my pillow products. Now make no mistake. Big box stores sell my pillow products because they make money. My pillow is one of the most successful products at Walmart. Everybody knows it. But you know, when Mike lindell went to The White House and shed from the rose garden, it's a good time to pray for our country. It's a good time to open your Bible. It's a good time to turn to God. The beast was injured. The beast went nuts. And they turned on him. They turned on him with an intensity that I've never seen. And the activists, the anti religion activists, were then further infuriated by Mike's insistence that the November 2020 election was tainted. And that we've got to focus on election integrity. Well, they doubled down. They went after Bed Bath & Beyond in coals. All the big box stores that carried my pillow products and they would email them and they would call them and they blitzed them. With demands that they stopped selling my pillow because they wanted to destroy Mike lindell and the company that Mike lindell founded. My pillow. Walmart has been a holdout. As I saw a week or two ago, I noticed there were my pillow products in Walmart. And I asked my friends at my pillow, my contacts over there says, yeah, Walmart's still sells my pillow.
Gettin' Grown
"bed bath" Discussed on Gettin' Grown
"To our self care. I did. So in my self care this week, two things. On a simpler note, but not so simple, but also wonderful. I did a little haul at the spice suite. Oh. And so I got online and bought myself a couple of boxes. Wonderful. Got an array of spices a char moolah. I got a Greek spice. I got I just got all kinds of wonderful things rosemary infused olive oil. And raspberry infused balsamic vinegar. Vinegar. And you know, just all manners of wonderful things. And so I was very excited about that. I just wanted to share. And then also, so you know, in my daily, just working on myself and trying to find my peace and all of those things. I purchased a book and it's a translation because this is an old old old, owned old book that is written in Chinese. But I got the English version, which they said was actually this one was a really good translation. And as Tao tsing and it's just a book that talks about imparting balance and perspective into your life and how to attain more peace and serenity is the name is the theme this year and going forward. So I am getting into this title Jing and I just wanted to share that with you all. That's my self care this week. What about yourself? Okay, so I realized that my very much black woman fashion as we talked about last week. I am a great value for cleanliness specifically the cleanliness of my home and I find that my cleaning on the weekends. Really does sort of reset my mind and get me in a good place. And so I've really been looking forward to straightening up. I was talking about on Instagram this weekend, how I remember being a little child, the teenager and my grandma and my mom heading out Saturday morning to start their errands and them hollering on their way out the door. You better straighten up this house and it better be straightened up, by the time I come back. And so I've been thinking a lot about that every Saturday, I think about, okay, I'm going straighten up this house before I do anything else. So in that vein, I purchased, I went down to the Bed Bath & Beyond and purchased me some new cleaning supplies. Yeah. I got me. So one of the things that I got so this one wasn't from Bed Bath & Beyond, once back beyond the other ones from Amazon. So I purchased a steam mop oh yes, sanitize my floors. And I mean my life is just never will never be the same. I don't know that I will ever ever use a conventional map ever again. Since revolutionized, my floor cleaning experience. And I'm very pleased with my purchase. I went down to the Bed Bath & Beyond and found myself a baseboard Genie. This is an instrument that will has like a swiveling head on it that will allow you to clean your baseboards without having to get down on your hands and knees. And you know, 'cause, you know, we done got too old for that. So I was able to just you can use it. You can either choose to sort of wet the cleaning pad or use your cleaning solution as you generally do or even dry. It has like a microfiber pad that will sort of make for good sort of dusting and cleaning and maintaining the cleanliness of your baseboard. Oh, I love to hear and I am just over here. I mean, my floors are just thriving. And I just am granting your life. Getting my life. I'm so I love to hear that you know how I am about cleaning the house. It is a special place in my heart. And I love a good cleaning contraption. You know what I'm saying? I think that is just fantastic. I love it happy for you, friend. And I see these reels that you've been making. You're out here like the youth dim. Really learning how to maneuver and try the Internet. I am trying to, you know, just sort of you're doing a good job..
Business Wars Daily
"bed bath" Discussed on Business Wars Daily
"Municipal is a new performance sports apparel brand cofounded by Mark Wahlberg, whether you're updating your wardrobe or looking for the perfect gift. Check out comfortable stylish and versatile sport utility gear from municipal. Go to municipal dot com slash BW daily for 25% off your order. From one day, I'm David Brown, and this is business wars daily on this Tuesday, February 8th. A few years back in before times before the pandemic, that is, Bed Bath & Beyond decided to put some of its decluttering expertise to work for itself. CEO Mark tritton thought that what the store needed was a clean sweep. Too many options and too much in store chaos led to so called purchase paralysis. He wanted the home goods retailer to clean up its act marketplace reports. So Bed Bath & Beyond did some tidying up that included closing underperforming stores and reducing inventory. Focusing on more profitable private label products. The goal was to create a more organized clutter free experience for shoppers. But the very moves that were supposed to improve customer appeal left at vulnerable to the supply chain issues that have plagued retailers throughout the pandemic according to The Wall Street Journal. Streamlining inventory made it tougher to find substitutes when certain products were out of stock. And the disruptions also caused confusion with suppliers. Some were told that their products would be discontinued, only to get another order when other products were hard to find. During this past holiday season Bed Bath & Beyond had trouble keeping 200 of its bestselling items on the shelves. Customers looking for sheets, towels, and certain kitchen appliances among other items were out of luck costing a $100 million in lost sales trend told analysts earlier this month. On top of that, foot traffic overall was light on Black Friday, even with big price promotions. Meanwhile, over at target the story is much different the cross category retailer offers many of the products Bed Bath & Beyond offers and then some, target itself had a lot to celebrate this holiday season while other retailers lamented poor foot traffic as customers opted for online shopping, targets foot traffic was actually up more than 6% compared to two years earlier. The company boosted sales more than 15% over the previous year, besting even mega rivals like Walmart and Amazon in its growth. Bed Bath & Beyond says it will spend more than $200 million over the next few years to upgrade its supply chain to address inventory issues industry dive reports. New technology and changes to how products are replenished will drop the lag time for getting new inventory from more than a month to just ten days. The company says. But critics are skeptical. The company's stock value has fallen by half from the beginning of the pandemic. That's a far cry from when it was a darling in the early pandemic days as people spent their vacation in entertainment money on redecorating their homes. The company is planning on closing more stores this year in addition to the nearly 200 it's already shuttered CNBC reports. That leaves some wondering whether the betting in bath products retailer is beyond, repair. From one tree, this is business wars daily. I'm your host David Brown, written by Gwen Moran and produced by Jessica or mosque. Our executive producers are Tino Rubio and Marshall Louie. We get support from municipal, a new performance sports apparel brand cofounded by Mark Wahlberg, the most comfortable versatile stylish versions of the stuff you wear every day, like workout and lifestyle teas. As I speak, I'm wearing the most comfortable T-shirt I own. Sophisticated, but casual exceptionally high quality people have actually asked me about it. My hoodie and sweats have the same casual high end look, but with the cool branding, not flashy, just cosmopolitan. You might even say municipal. Whether you're updating your wardrobe or looking for the perfect gift, you should go and check out comfortable stylish and versatile sport utility gear from municipal. Go to municipal dot com slash BW daily for 25% off your order. You're gonna love this. That's municipal dot com slash BW daily.
WTOP
"bed bath" Discussed on WTOP
"Two 25 money news at 25 and 55 Let's check in with Jeff clay ball That was down a 153 points almost a half percent laws The S&P 500 Index is a little changed It's up three Being NASDAQ is up 21 points and could post its first gain in 7 trading days while the fed prepares for its rate hikes other interest rates are already going up the yield on a ten year treasury briefly touched 1.75% today That is a ten month high Supply chain bottlenecks are costing retailers Bed bath of the answer is those delays costed about a $100 million in sales last quarter Sales fell 28% and Bed Bath & Beyond's losses last quarter more than tripled compared to a year ago 30 tacos for $10 Taco Bell is launching a taco a day promotion for $10 taco lovers pass is good for one free taco a day for 30 straight days and includes any kind of taco on the menu Jeff clay well WTO news Money news brought to you by regency furniture Regency furniture is ring in the new year with incredible savings on home furnishings It's a 50% off Plus take an extra 20% off your purchase Regency furniture in Maryland and Virginia President Biden lays the blame of last year's insurrection at the feet of the former president We'll talk about that coming up It is two 27 Today vaccines and antivirals are helping us fight the pandemic and protect and treat millions We have them because scientists and researchers in America's biopharmaceutical industry acted fast After investing billions over years to develop vaccines and antivirals that can fight COVID-19 They took risks some failed Others delivered breakthroughs and record time And now instead of supporting future breakthroughs Congress is threatening drug pricing legislation that will devastate private industries ability to develop treatments just like these What's at stake isn't corporate profits it's public preparedness And the real risk that America becomes less able to face the next virus or stop.
The Mason Minute
Price Fixing (MM #3841)
"The NASA minute. With Kevin mason. I remember years ago when I was living in Virginia Beach, so it would have to be high school college era, a story about some of the Chevrolet dealerships in town, price fixing. So no one dealer was cutting the other dealer's profits. What's interesting to me though is, is I've seen stories about Apple and price fixing and Amazon and Google and price fixing for all their electronic tools. But I never see anything come about because of it. If you want to buy an Amazon Alexa, if you want to buy, even an iPhone, you're basically going to pay the exact same price no matter where you shop, whether it's from the manufacturer, whether it's Walmart, whether it's Best Buy whatever it is. It's all because a price fixing. What I don't understand why they don't get in trouble for it. Got me started on this the other day, I was looking for a new seat cushion. I like the purple seat cushions and they used to have them at bed bath beyond, but they don't have them anymore. They stopped carrying them. When I went online, the only places to find them were Amazon, or purple, and it's all the same exact price. They're making it so the only way you can get it is from the manufacturer themselves. So I guess they can price fix and get away with it.
The Mason Minute
Price Fixing (MM #3841)
"The NASA minute. With Kevin mason. I remember years ago when I was living in Virginia Beach, so it would have to be high school college era, a story about some of the Chevrolet dealerships in town, price fixing. So no one dealer was cutting the other dealer's profits. What's interesting to me though is, is I've seen stories about Apple and price fixing and Amazon and Google and price fixing for all their electronic tools. But I never see anything come about because of it. If you want to buy an Amazon Alexa, if you want to buy, even an iPhone, you're basically going to pay the exact same price no matter where you shop, whether it's from the manufacturer, whether it's Walmart, whether it's Best Buy whatever it is. It's all because a price fixing. What I don't understand why they don't get in trouble for it. Got me started on this the other day, I was looking for a new seat cushion. I like the purple seat cushions and they used to have them at bed bath beyond, but they don't have them anymore. They stopped carrying them. When I went online, the only places to find them were Amazon, or purple, and it's all the same exact price. They're making it so the only way you can get it is from the manufacturer themselves. So I guess they can price fix and get away with it.
WTVN
"bed bath" Discussed on WTVN
"Rite Aid Bed Bath and Target now available with eucalyptus for a spa like experience of a vision and a V A G e clean, nose, healthy life. Air strikes in Gaza, Israel carrying out what it calls a response to Hamas rockets by targeting for Hamas militant sites in the Gaza Strip. The Israeli military says the sites are being used for military training with the weapons factory and storage on the grounds. No immediate reports of any casualties. Meantime, North Korea's state run news agency reports the country's successfully test launched newly developed long range cruise missiles Saturday and Sunday. But experts say there's a lot of questions about how advanced North Korea's technology is on this type of missile. The accuracy is unknown. A lot of these weapons will use GPS for mid course guidance. We don't know whether How low it flies to the earth. So there's lots of questions about the capabilities here. It could be something very rudimentary, sort of like the German World War two. V two, or it could be something a little bit more sophisticated in that ABC News contributor and former Marine fighter pilot Steve Gandered singer Britney Spears has something to celebrate. She's engaged, announcing the news and Social Media Video Post, smiling with her boyfriend, Sam Asgari, and wearing a huge sparkling diamond ring engraved with the word. Lie in this engagement comes days after her father filed to end the court ordered conservatorship that has controlled the singer's life and finances for 13 years, the couple met on a video music set. In 2016. This is ABC News. Vaccines are not enough and accurate thermometers are essential for everyone. Covid is once again a major concern and fever is the key symptom for both the flu and covid and accurate thermometer, like the exigent temporal scanner.
WTOP
"bed bath" Discussed on WTOP
"Bed Bath and Target. It's 12, 48 traffic and weather on the A three to Kessler's in the traffic center right now, if you're on the Beltway, the inner loop of the Beltway. The delays are after the Dulles toll road headed around across the American Legion Bridge, But before River Road, this is work set up in the right lane. We also had work on the outer loop before 66 in the left lane, but that's not really causing much of a delay. 66 no reported issues. 95 southbound Sloan's Crossing the Arctic Juan North found. The delays are from Dale City, passing the Prince William Park. Way, the earlier broken down vehicle westbound 66 after 1 23 should be cleared now in Maryland southbound Baltimore Washington Parkway. The delay is back between 4 10 and for 50 this maybe that mobile work crew moving along the left side. They were doing some mowing, trying to head all the way to Kennel Worth Avenue. Also seeing a delay on the add a loop approaching the Baltimore Washington Parkway, so watch for anything that may have happened there. Outbound Route three after 4 50 Annapolis Road That was a report of a work zone. We also have the problem remaining in the district in the Third Street tunnel. The emergency work continues. Uh, so South bound. Actually, both directions are closed off at New York Avenue, The North bound tunnel. There is no access from the freeway in either direction over colours had reported being able to get from Massachusetts Avenue into the South Bend tunnel, trying to head to the freeway from there, so that may be something you can do, but just expect the police direction on both ends of the tunnel, New York Avenue and the freeway. That eastbound freeway delay begins before the case Bridge headed toward the tunnel North found D. C to 95 slows passing pencils. Avenue and approaching Burroughs. That's where you might find the work zone. Coming up this weekend. Wolf Trap Trombone Shorty and Orleans Avenue and Michael Franti and spearhead movies in concert with the NSO, Brandi Carlile and more wolf trap dot org. I'm Rita Kessler, w T o P traffic and now the storm team force Lauryn Ricketts. We've got a heart day. Go ahead. But boy, is it beautiful out of sunshine as temperatures continue to rise into the mid to upper eighties.
The CMO Podcast
"bed bath" Discussed on The CMO Podcast
"Of those brands your favorite. They're all unique. Loved them all that. I love that question because if it's funny one of the things. We talked about In the development of these brands as well as the launching of their bronzes had we make sure that we make each one of them their own unique big launch moment. That could be tough right. I mean for any of the marketers and brands on the phone or on your podcast. You can imagine right like six in a row. Once a month to more still to come this year we worked really hard to make each of them unique and we started with what about this brand in the role. It's gonna play in customers lives. Should we lift up into just a couple of highlights I'm a big fan of our table. Kitchen line on brand on in part probably because i need the most inspiration indication but One of the things that we found from talking to customers as we were getting ready to launch that brand is a renewed importance about the gathering of family and friends around meal and around food. I think probably because we couldn't do it for so long and how people are getting ready to hopefully welcome people back into their homes for the holidays But we we wanna take inspiration notion on our table And really bring life. We did our first ever uncooking series on the with with some hometown chefs bringing to life some of the ideas all the way to While sage which is our young eclectic free-spirited brand of Bedding and bath That's the one. I've talked about as all about inspiration so for us. We did our first ever dedicated to talk and instagram channels. We've never done that for an individual own brand and the last one. I point to each of the brands to me is unique. I won't find a favorite. But i really commend the team working on these relaunches to find that unique aspect. Reach these brands and bring it to life cindy. I'd like to talk a little bit before. Beginning the creative brief about purpose and you rattled off the purpose earlier in this discussion. I've heard you say in other forums that you felt our purpose has been clear but our positioning has not been and then your role. These individual brands into that mix. So could you walk us through how you think about the purpose of the company the promise or the positioning of the company you know sort of what is your framework for your brand. And how do the sub brands fit into that. If at all sure absolutely must just as a starting point at the very highest level the our purposes to make it easy for customers to feel at home. We don't take that lightly it's part of the transformation planet important part of what we call our strategic our strategic house on as our framework. I believe that within that purpose really Helping our own associates and our customers understand what it is that our brand stands for. And why am why we matter as a brand. And that's true. By the way for each of the key banners right we have this overall strategic framework but what bed bath stands for what it needs to stand for. And how it differentiates versus competition right is connected to but different from the same for bye bye baby and for harmon and of course for decorous we tackle bed bath bed bath and beyond i as as the mothership and core brand Really important for us. We learned a lot about our customers. As we've discussed that we need to stand for inspiration not just items on that. We really need to be focused on what it is that creates a happier home and how we can help our customers achieve that. I think the team is really took on the challenge of how do we create for each of these banners within rate make it easy to feel at home as an overall um structure for the strategic framework. What do each of these brands uniquely stand for. The own brand question is really interesting. One within matt rate on. It's we've been so careful about the development of these brands in the position of them. And how each one of them we think of as a proof point right. Why should you believe right that we're committed to make it easier to feel at home. Why should you believe that bed bath and beyond is a place where we wanna be there for every room every moment everything. You need to him happier on each of these new brands rate. Deliver another reason to believe that. That's what we're all about networking what we are delivering. I think i feel pretty good that they do. And i even the way we've launched. He should them. That's really important because if we'd spent the last six months launching a new own brand every month and it was somehow disconnected from our overall purpose are overall positioning. We couldn't be making the strides that were making And so it's it's it's a well integrated effort knifing each of those brands in the end. The two The two more to come this year will also help customers. Think of a destination for everything. They need to home happier to move into the creative brief. Now where we learned a bit more about you and your view and many things in the first one is. How are you a different leader now than you were fifteen months ago in thinking about what's been required to be in this role on at this moment in time for the for the country and for our customers but also this moment for the three year transformational plan. I think i've really had to reach in and find the skills and sort of muscles that i built on influence. I i'm i didn't necessarily plan it this way. In some of the time it can have a conversation about how. I got this crazy career in marketing. Having spent time early in my career starting on the agency side and then in marketing roles for franchisee organizations and then of course you know at retailers like the scale of walmart you have to develop the muscle to bring people along in the journey with you which one part the what right division strategy but also the why. Why are we doing this. Why is this important at. How can you carry that. That knowledge of the y. Into everything you do I i honestly a coming into bed. Bath and beyond and knowing what we had against a ahead of us. I probably had a lot of things on my mind in terms of the skills experiences. I hoped to bring and to be able to contribute. I think those the. I've learned in the fifteen months. The most important one is the ability to really to really influence the organization into really bring people along on this journey who has been the most influential mentor in.
The CMO Podcast
"bed bath" Discussed on The CMO Podcast
"I helped major brands find their purpose and activated in the prophets. Follow for seven years. I was the global marketing officer for procter and gamble where he oversaw the marketing of hundreds of brands. You may not know it. But the cmo's chief marketing officers of all of your favorite brands are trying to connect you with your favorite products and services through purpose and on this show. I delve into how they do it. My guest today in the podcast is cindy davis. The vp and chief brand officer bed bath and beyond the multibillion dollar multi-brand omni channel retailers brands. Include bed bath and beyond harmon by baby and decorous on top of her. Cmo role cindy is also the president of decorous and online interior design service. That is a sister company to bed. Bath and beyond the bed bath and beyond brand about forty thousand associates. In one thousand stores is a company under massive transition remodeling half their stores closing poor performing stores launching a host of its own brands plus a newly launched brand campaign so far so good sales in the recent quarter. Strong and their outlook is optimistic. My guests cindy is fifteen months into her role after stint chief digital marketing officer at l. brands owner. Of victoria's secret cindy has worked at some of the great companies and marketing agencies in the world including walmart starwood hotels disney and bbdo. This is my interview with the woman who wants to make it easy for you to feel at home. Cindy davis cindy. Welcome to the cmo podcast. I have been doing looking at your research and the most interesting finding that personal happiness is highly correlated with happiness with your home. So i just have to start with this personal question for us. Indie is your happiness and your happiness with your home correlated as well absolutely absolutely. I think you know jim that i am lucky to be have been sheltered During the pandemic in our home in florida at the beach and it is my happy place but regardless where i am We have found. I'm like our customers rate and we absolutely have found through our research that they tell us that their overall happiness is really based on their happiness with their home and for me. That might be clean out a closet. Refreshing my bedroom but mostly. It's all the new gadgets. I've added to my kitchen throughout the pandemic to to make my own cappuccinos with a smiley face on them. I mean it really made me. Think about the homes. We've been in and is there any non. Are there any non obvious insights behind that about personal happiness being correlated with happiness in the home. Yeah i think so There are sort of at least you know three or four different ways. We've heard people talk about it on one of the things you hear them talking about. That doesn't surprise you is. It's not a house right. it's the little things and the moments that happen in the house that make it a home. Those are the things that you remember. I think we all feel that way on. Think back to any house you've lived in and you probably won't remember the rooms you'll remember game night rate with your family or you'll remember you know a cozy night in front of the fireplace and what you talked about And those moments of connection. I think those are the things that were finding matter. The most to people on an for for our company for bed bath and beyond. It's you know it's how can we enable those moments. How can we help our customers. Create in every one of the rooms in their homes the environment and the opportunity to have those special moments those moments of connection that are really really memorable. We care about safety in our home of course and right. After the pandemic started right safety was paramount out paramount. We care about being able to provide for our families and our homes. But if you really get to it if we really dig underneath you'll find people talking about the special memories and experiences that happened in those rooms and we want to be part of that. That's a great purpose which will get to a little bit later. But i wanna talk a little bit about your startup over the last fifteen months or so you are astoundingly busy and i just want to run through a few things massive multi year brand restage which is underway renovating about half of your stores launching your own brands at a pace of about once a month new ad campaign that even made your most recent earnings call posting. And you're also the president of a sister company to bed. Bath and beyond decorous te on and on and on. So how. how are you doing all this. And how did you start up so quickly to tackle all of this while i'm listening to you. Wrap about right. yeah. I think i should be more tired than i am. I'll start with on the how I had been really fortunate. Amish to attract some great talent myself and to have some really terrific members of my team on people that are not afraid of retail. Because you have to love it. I mean retail has to be your blood to be able to to really move this business forward the way we are set a really great team. I am also just amazed at capacity and the vision on of our leadership team. I think you know. I mean I started after mark trittin. He'd only been here since november. When i got here and i don't think the man sleeps honestly i don't know how he he does what he does on. I'm really excited about the leadership team. That i'm part of but i think the main thing i'm beyond the people is is. I am motivated by the opportunity when when a when a recruiter reached out to me and asked me if i'd be interested in this role joined a company that's in the midst of a massive three year transformation in the middle of a pandemic rate. You might have thought. I would have hesitated but i didn't really. I wanted to jump right in not only because of mark in his ceo role not only because of the leadership team. But i am a fan of this brant I mean i. Some of my oldest memories are shopping back to college for my stepdaughter. And my son and when they were heading off to college need bath and beyond. It's fifty years old as a brand and we all have those moments right that we remember shopping at bed bath and beyond and the opportunity to help modernize this iconic brand. I'm it's what it's what gets me up every morning and keeps me going late into the night Just seeing what we're able to do across the stores across digital with the own brands which. I'm sure we'll talk more about because that's one of my favorite. Things talked about his new brands on. It gives you. It gives you an energy that that gives you the stamina the capacity to.
MAD MONEY W/ JIM CRAMER
"bed bath" Discussed on MAD MONEY W/ JIM CRAMER
"That's what happened during the two thousand seven. Two thousand eight. I think. I think eric rosengren is you know he's he's pointing to potential issues at everybody's aware of all all sorts potential issues. The problem is we should do something intelligent about it now before it gets outta why we wanted you on. That's trying to science and light on it because if we can stop something of for a actually something that i like very much. I own bitcoin theory and it would be great for all of us and it's breaking down. I think because of some of these worries. I wanna thank you for coming on the show dr gary gordon. He's the frederick frank class of nineteen fifty four professor finance at the yale school of management. Wait to meet sir. Thank you welcome busby on. We just want to shine a light on this thing. We believe in cryptocurrencies. We don't want weak links. It's hard to learn about this stuff but we're going to learn with you. That money's back after the break. Stick around managing i would go. Lightning round is coming up next a technological pause and then the lighting around. Are you ready to turn to somebody. Glen and glenn hey jail. I'm curious about pound appealed. It seems to be a lot of people behind it. What are your got a lot of it and it's also got the wall street fetters behind it and frankly i find a tiresome. Let's camille new york camille k. Kramer yeah beautiful day living in the city in the world. I wear that what's going on yet. I want your take on tattooed sets pdf. And look. I told people to be beyond me. I'm gonna stick with only one of these Vegetarian that's gonna give you. I need to go to roll their robert new jersey robbery. You doing jim. I appreciate you taking my call. How you making out with two hundred thirty acre farm you have. It's actually pretty good. I've got some guy. Got some real. Big wide now fastened riding. What's it okay. That's why i called you jim. I'm looking at a a an outdoor retailer touting the west services to west side of the country it's got four hundred and thirty stores to simple is bt the and you have a winner. That is one that i would like to buy. Ed have come on the show. I'm not kidding. Dan the stuff i love. Dick's i think this one's a cover. That's gotta craig in kansas craig. Jim I have a thought is backed out on back. It's making a comeback. And i think it's okay to own. I was very concerned but as we saw with time and proper all the weekend in stores are gone. Tanger works now. They have tyler in california. Tyler we when he got. I miss her. I'm missing you feel. Are your thoughts short. Look there's to steal copies of the country this new courts by tassone that is a great company. And then as cleveland class which is really i kind of like a pastiche. That's coming back. And then i don't care about any other pets in taxes eric. They don't wanna be from fort worth remember. The alerts appreciate mall ivan. Furry i got some new stuff of mad money. So ford memorial day you cover the number of stock purchase on the eve of memorial day had sort of increased short short time later made money on most those one of the starts. You made some of his cabinet. World headquarters seems like since then. It's paints about thirteen percent. What's going on a camping world. It's like four. It's doing incredibly well. I i think that. Look i think. Marcus morris is a great businessperson. And i like four like blair side like camping world. I like the al gore thesis still franken arizona on practice. Jim thank you for taking my horse last year. On your recommendation. I bought penn national gaming to twice huge profits bowl times and i rang the register on my own business year. I bought it again. And.
News and Perspective with Taylor Van Cise
Bed Bath & Beyond Shares Surge as Retailer Hikes 2021 Outlook
"Bed bath and beyond this morning came out with what appeared to be mixed Quarterly results. Sales did rise nearly 50% from a year ago, even as earnings were hurt by costs related to the home goods, Retailers Turnaround Plan Bed and Bath also raised its full year outlook. And that helped shares jump 11 and a quarter
WTOP
"bed bath" Discussed on WTOP
"Com CVS, Walgreens Bed Bath Target and Rite Aid Nevada and a V A G. 8 38 traffic and weather on the AIDS. We go back to marry to Pompeii in the traffic center, and we will head back into the district time We were telling you about an incident that happened along New York Avenue blames Burgh Road. Well, apparently, this crash is happening. New York Avenue Bladensburg Road, They took out a poll and wires. The police tell us that South down planes Burgh Road after New York Avenue is blocked following police direction And if your New York Avenue it was said to affect two lanes can't see it in our camera shot, But nonetheless, New York Avenue blamed Burgh Road crashed down pulling wires. We're gonna follow police direction are crashing on South Dakota Avenue in northeast Also, this is just a Taylor Street north of Taylor Street and half the roadway is blocked here with the accident. You will also follow police direction. He's Capitol Street heading outbound of Benning Road. The crash with units still marked on scene If you need to 95, however, and all of your tunnels are bridges across the Anacostia tunnels downtown, the freeway bridges over the Potomac everything they're flowing freely. I to 95 in both directions at South Capitals Suitland Parkway. They are blocking on the right side with roadwork. Not costing you any extra time currently will keep an eye on this in Maryland. Nothing happening on 95 to slow you cautionary tale is north bound 95 laurel passing to 16 yet before you get to the Howard County rest area we were watching out along the left side. The accident still had police at least on scene. No slowdowns on 95 in either direction Beltway currently its feet that is both in Maryland and in Virginia. On the Virginia side. Things were moving well along 95 from Fredericksburg, bring field through 3 95 in the 14th Street Bridge without incident. And Woodbridge Cardinal Drive between Weldon Drive and Bevin would drive. We're still under police direction here crash with a roll over again following police at least one half of the roadway was said to be closed. Wendy's Frosted Gino is a cold brew with frosty creamer. So start your morning with breakfast of breakfast, bacon, ater and a little frosty in your coffee. Try it. Wendy's the Frosty Chino today choose wisely. She was Wendy's married upon the WTF traffic and not a storm team for meteorologist Lauren Rickets. We've got several fronts that are gonna be lifting through the area, pushing their way through the.
WTOP
"bed bath" Discussed on WTOP
"Walgreens Bed Bath Target and Rite Aid Nevada's and A V A G. Good morning, 9 48. It's traffic and weather on the eights. Now with Rita Kessler in the traffic center. Well, it's still a tough trip right now on the outer loop top side of the Beltway and it remains may remain that way through the mid day because that outer loop delay from New Hampshire all the way around toward Georgia Avenue is because of the work so that is set up in the right lane onto 70 in the north and direction. Your Middle Brook Road of broken down vehicles reported along the right side, Seeing a little volume between 1, 21 and 109 keep an eye out for any work that may have set up South. Found, however, looks good at of Frederick all the way to the lane Divide onto either loop of the Beltway south bound on the Baltimore Washington Parkway. The volume from 32 toward 1 98. With nothing reported on the Beltway, the inner loop, still a little heavy near the DRC road overpass before Pennsylvania Avenue. The crash was moved over to the left shoulder. It's kind of a narrow left shoulder, so it's causing a bit of a tap on the brakes. North Boundary one in college Park after Gil for driving Guilford Road near Knox Road, follow the police direction for the crash, seeing delays in both directions South Andrea one. Your small would drive that earlier wreck may be gone. Not seeing much of a delay there and eastbound University Boulevard near Party Branch Road. The right lane is blocked with the work. Now, if you're trying to get across the Bay Bridge, there are wind warnings. In effect. This is not carry any vehicle restrictions, but just a heads up any kind of wind mornings on the Bay Bridge. They're not going to be able to carry two way traffic on the westbound span of the bridge. So later you may find some delays on the east on eastbound 50 trying to get across the bridge. So plan ahead for that trip now in the district, South down D. C to 95 the delays From Eastern Avenue headed toward Benning Road. Usually it works on underneath Benning Road, taking Elaine the eastbound freeway after Main Avenue before the third Street Tunnel Watch for work that could be set up that has delays beginning on North bound 3 95 After the Pentagon South bound 95 already slow crossing the Uncle Kwan North bound some brief volume getting past the Prince William Parkway. I'm Rita Kessler. W T o P TRAFFIC. Chuck Bell joins us here with our forecast and Chuck. We keep hearing about all these winds today. What's happening. Yeah, well, two cold fronts They're going by the first one came through late last night. The next one.
Optimal Living Daily
Why Your Boss Will Live Longer Than You
"While your boss will live longer than you. Unless of course you take my advice by stella. Grisanti of wu pa dot com. I just bought a new shoe rack from bed bath and beyond and got so excited at the thought of seeing my heels all in a row so much so that i began to laugh at. Just how much this meant to me. But then i hearken back to what i learned in grad school and realized how this tidy endeavour signifies much more than my ms wannabe ainley organized. This is actually representative of a life threatening problem. That faces everyone. Who has a boss over talking about here. People has been the root of wars of struggle of heartache physical and emotional and of premature death for as long as we can remember or at least since the famous nineteen sixty seven. Whitehall study proved it so we're talking about here. People is the desire for control according to the two very famous studies. Why hall one away hall. Two one's rank in class status or hierarchy at work or in life have a dramatic influence on lifespan. Who do you think lives longer a busy. Ceo or secretary. I guess my post idol gives it away but keep listening according to the whitehall studies which examined eighteen thousand male civil servants in nineteen sixty seven and then over ten thousand men and women twenty years later. In a longitudinal study it turns out that those in a lower rank have morbidity rate of toys those who occupy higher level positions. The higher your position. The longer you're more likely to live wi- when the responsibilities of si yo cause more stress which leads to spite quarters all levels which leads to cardiovascular issues You would think but actually the study found that the less control you feel you have over your lot in life. The higher your level of stress pece other studies following this theorized that perhaps it's not so much control. The maybe the anticipation of not knowing. What's next same difference to me. So how'd you live longer or just as long as your boss number one outsmart yourself except that you don't have control over the events in your life because you really don't and the only thing you can control is reaction and thoughts in regards to events that you can't control that actually gives you lots of control. In fact it determines about forty percent of your happiness. Outsmart the power struggle. Choose your response to things. I come up number two cre- pretend pockets so maybe you can't control the fact that your company's biggest competitor just came up with the next best thing to sliced bread that your baby cries at night or that. The train is late buchanan. Cre- pretend pockets of control. Pretend pockets of control our little things that you do for yourself to make you feel like you do actually have control in life. This could be making sure you to the gym. No matter what every morning or can be eating healthy or it can be organizing your shoe closet number three except at all but create with intention this music sept. Whatever comes your way as information in an opportunity to create something new and better. If what you got wasn't exactly what you wanted for example. You thought he was the one but getting dumped over lunch might mean he's not accept that learn from the information you gathered during the relationship in continued to intend on finding love but the kind that actually does x. y. and z is all forgiving. Yourself like if your pretend pocket is going to the gym every morning and you don't make it this week except that other things got in the way and continue to intend on healthy lifestyle. Start going again tomorrow. Now that we're all worked up or at least i am off to right next about just how positive it is to be out of control. Sometimes we'll save for later another from her in just a second but i as a listener of this show. You know how important it is to put health. I don't let the chore of going to the doctor get in your way. It did for me before. But now i've tried plush care with plush care i get virtual doctor appointments right through my smartphone or computer. I just pick a time that works for me and book an appointment online. No crowded waiting room. No commute and no being put on hold. Mike can be diagnosed treated and even have a prescription sent to my pharmacy of choice. If needed was plush care plus they're available in all fifty states and most major insurance carriers are accepted. I've tried it. I've used it super simple and it works. Pushing doctors really care. They're available anytime. I have questions and will even help with managing my emotions.
PBS NewsHour
GameStop Reddit-rally sends Wall Street tumbling to its worst week in months
"In late January, a handful of unlikely Wall Street stocks began to skyrocket in value. It has led to big market volatility, and that will be the subject of a special meeting tomorrow with Treasury Secretary Janet Yellen and other government regulators. As Paul Solman reports, the spike in these stocks was driven. By an unconventional group of traders who banded together on a buying spree determined to take on the market for their own reasons. It is the latest in our economic Syriza's making sense. The frenzy. Obviously, this thesis is based largely on the fundamentals, Internet chatters hyping and buying stock and seemingly more a bun companies and you're right. It doesn't make any sense at all. AMC Bed, bath and beyond, and the bubble Gamestop crazy, and we're not as dominant as everyone thinks we are. We know what we're looking for. Is the regular Joes versus Wall ST Joe's using the free app Robin Hood to buy Gamestop, a money losing brick and mortar monger of video game disks that seems obsolete now that games are bought and downloaded online. And yet the stock skyrocketed last month, we're going to try to explain what's been happening with Alex Seamus from the University of Chicago Business School and my grandson show violas 17. So Alex set the scene for us What's been going on? There's people on this platform called Reddit, who decided to buy up a lot off the stock a lot of shares, partly because people hedge funds on Wall Street started short selling it. Okay, before we get into that, Joe, So I remember taking you to game stop when you were younger to buy you video games as kind of nostalgic appeal. Absolutely. And I think a lot of people my age in a little bit older grew up with Gamestop and I'm seeing a lot of people on platforms such as red It were saying isn't bye Bye Bye and Gamestop Two reasons one to make money, and the other was to stick it to the rich elite of the hedge funds. Hedge funds that have been betting against retro games stop by shorting its stock that is Now. In keeping with the retro theme, Alex suggested a retro product to visualize short selling. So here I've got an iPod, which I scrounged from somewhere in my basement, right, so on iPods kind of late game stop, it was very popular in the two thousands. And, you know it's not a bit obsolete because you know everybody's got music on their cell phones. So how do you short sell an iPod? So let's say I'm a hedge fund, and I think that the iPod is worth less than what it's being currently sold for. I go to you, Paul and I say, Can I borrow your iPod? So what I do is I sell the iPod that I just borrowed from you. And then buy it back for the future price. So if the price goes down, I make money because I'm basically getting the difference between that You just want me to lend it to you. I'm gonna borrow your your iPod. And I promise I'm gonna give you a little bit extra money whenever I return it. And to promise contractually to return my iPod by a certain date or whenever I ask for it back, So now you get wind of this short selling Joe. And what do you do? Okay. I grew up with this product. It's got a certain nostalgic value. I'm going to tell lots of my friends on social media may be read it to go out and buy iPod so we can all get in on the trend. What happens to you The hedge fund, Alex so because I Embedding that the price as actually going to go down in the future. If it ends up going up. I end up losing money because I have to buy it for Maura than what I sold it for initially and as you buy it, you're driving up the price even higher. Exactly, And that's what happened with game stop. $18 a share just last month. My grandson bought one share last Wednesday. And what price $293 I want to point out that I did not advise on this trade. I'm thinking that as more people are saying on social media that they're going to buy the value is going to go extremely high. Well is that I want to continue to stick it to the man, these people in Wall Street who have been running everything. And sure enough out on the street. I think it's great that rich people are losing money because capitalism is destroying this world. I look at the whole game stop with stocks is a revenge of the nerds. Kind of attack. This is one of the most complex attempts to coordinate on a single strategy that I think we've ever seen a sort of people's hedge fund says he must coordinating on the Reddit Forum. Wall Street bets. Urging one another to buy with rocket ship Emoji is which is to say, Look, this asset is going to keep going up so everybody should buy and toe hold with diamond hands. We are not going to break. We are going to keep the price up, and there's even a buy and hold sea shanty with diamond hands. They knew they profit if they could only hold But hold on most Wall Street. Hedge funds aren't short sellers. They bet on stock's going up. And in this case, some hedge funds have actually profited hugely from the so called revenge of the nerds, as have Robin Hood's paying customers, big investors, many of them hedge funds, who, by information from Robin Hood, about what people there are trading As for short sellers, are they bad actors? Sure, they bet against a parent losers like Gamestop, but also against frauds like the infamous end Ron, which short sellers helped take down nearly 20 years ago. By exposing its phony
WSJ What's News
Lawmakers Set Date to Discuss GameStop and Online Trading
"The house committee on financial services will hold a virtual hearing on february eighteenth to address the recent volatility shares of game stop and other companies. The hearing is called game stopped who wins and loses when shortsellers social media and retail investors collide. We still don't know who will be on the witness list in a statement last week. The chair of the committee representative maxine waters said she wanted to focus on the impact of short selling and online trading platforms on capital markets and retail investors. As we talked about last night on the show there's been a lot of interest in silver by retail investors but looking at futures. The price has now declined a bit. The markets will open today after seeing gains across the dow nasdaq and the s&p five hundred. Some of the stocks popular among day traders saw declines including game stop. Let's look at where things stand with. Markets columnist mike byrd. Mike hi amount game stop closed down last night and it's not alone yet. We saw a couple of those others favored stocks cost to make headphones and bed bath and beyond both down as well the reality of what's happening here in these particular stocks. You're getting a lot of speculative relatively unreliable flows from new investors on people. Investing small amounts of money. They're always going to be a little bit choppy. There's going to be a lot of volatility in this market. The reality is that just doesn't give as much of a picture of where he starts to go whether they'll be up tomorrow. Downs murrow up in a month. Down in a month it's choppy because it's new and it's just very volatile. Well let's talk about volatility for a moment even though the markets have been doing well volatility has been. Hi yes so. That's been one of the interesting things about trading for the past year. In general i suppose volatility really show up in march last year around the peak of the pandemic panic but even for the rest of the markets have been climbing. You've seen those benchmarks. He s and p hitting new highs for example volatility measure volatility the vix index of people often use has remained very high certainly relatives the past three years or so. And that's largely because people just don't know where this is all going. I don't know where the government suppose going has been. Insurgencies around. Stimulus has been sentenced. He's around the public health stuff so when things pretty good overall the still a lot of unsaid sincere that's precisely what creates the volatility that mike byrd. Thanks for something everything up for us. Thanks very much. Mark sticking with stocks wall street will be keeping watch on earnings with visor and exxon reporting today along with tech giants amazon and bit and alphabets. Google has agreed to pay more than three point. Eight million dollars to resolve case involving hiring and pay discrimination at several locations in california and washington state. that's according to the labor department which also said. Google agreed to strengthen policies related to hiring and compensation a spokesperson said. The company believes in heavy investment to make these processes fair and unbiased.
News, Traffic and Weather
Melvin Capital, hedge fund that bet against GameStop, lost more than 50% in January
"Order to the Wall Street Journal Hedge fund Melvin Capital lost more than half of its value in January is it carried many of the losses caused by the soaring price and shares of stocks like Gamestop, ABC Deirdre Bolton, says fur traders on acts like Robin Hood Monday. Some restrictions will be in place as of Monday. If you're a new trader in Game stock, and you're on Robin Hood, you will only be able to buy one single share of the company until further notice. Other stocks that have been garnering social media attention, such as AMC, American Airlines, Bed Bath and Beyond and costs. They have the same