Bed Bath & Beyond says it may file for bankruptcy, stock rallies anyway

Bed Bath & Beyond says it may file for bankruptcy, stock rallies anyway

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Bed Bath & Beyond revealed that it has defaulted on a key loan from JPMorgan Chase and signaled it may file for bankruptcy — but the company’s stock rose anyway. Shares of the Union, NJ-based chain — which spiked 68 percent to more than $5 earlier this month in a brief revival for “meme stocks” —…

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