Bed Bath & Beyond sinks 35% after the retailer says it lacks funds to pay debts and receives a default notice from JPMorgan

Bed Bath & Beyond sinks 35% after the retailer says it lacks funds to pay debts and receives a default notice from JPMorgan

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Michael Santiago/Getty Images Bed Bath & Beyond shares plunged Thursday after a fresh warning about its struggling financial condition. The struggling housewares retailer said it lacked funds to pay down debt, and JPMorgan said it was in loan default. Bed Bath & Beyond has already said it may have…

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