Bed Bath & Beyond’s stock is on fire this month, up nearly double just since the start of the year. What gives? Well, the company is doing some good things but there are other factors in play that are causing the spike in its share price. Anyone who got in on this stock over the past few months is looking pretty Smart these days. Those who were ready to write this baby off last year…well, the opposite of smart is Stupid, right?
Here’s my take on the stock price, posted on Forbes.com yesterday even before Monday’s big run-up: https://www.forbes.com/sites/warrenshoulberg/2021/01/24/why-has-bed-bath–beyond-hit-3-12-year-stock-high/?sh=6e947e1f0cf5