Shares of Bed Bath & Beyond Inc. BBBY rallied 3.24% to $27.12 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.11% to 3,911.23 and Dow Jones Industrial Average DJIA falling 0.03% to 31,375.83. The stock’s rise snapped a three-day losing streak. Bed Bath & Beyond Inc. closed $26.78 short of its 52-week high ($53.90), which the company reached on January 27th.
The stock outperformed some of its competitors Tuesday, as RH RH fell 0.31% to $498.45, Container Store Group Inc. TCS fell 1.88% to $15.12, and Macy’s Inc. M fell 1.55% to $15.28. Trading volume (4.4 M) remained 11.7 million below its 50-day average volume of 16.1 M.