Bed Bath & Beyond Shares Drop 15% As Company Plans To Sell $300 Million In Stocks To Stave Off Bankruptcy

Bed Bath & Beyond Shares Drop 15% As Company Plans To Sell $300 Million In Stocks To Stave Off Bankruptcy

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Shares of Bed Bath & Beyond dropped by more than 15% Thursday morning following an announcement it plans to offer and sell up to $300 million in common stocks in its latest bid to stave off bankruptcy—as the hamstrung home goods retailer’s financial woes continue. Bed Bath & Beyond’s shares fell…

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