Shares of Bed Bath & Beyond Inc. BBBY, +7.49% rose 7.49% to $15.50 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.83% rising 0.83% to 4,399.76 and the Dow Jones Industrial Average DJIA, +0.98% rising 0.98% to 34,754.94. The stock’s rise snapped a seven-day losing streak. Bed Bath & Beyond Inc. closed $38.40 short of its 52-week high ($53.90), which the company achieved on January 27th.
The stock outperformed some of its competitors Thursday, as RH RH, +3.57% rose 3.57% to $652.48, Container Store Group Inc. TCS, +3.74% rose 3.74% to $10.27, and Macy’s Inc. M, -0.13% fell 0.13% to $22.53. Trading volume (8.5 M) eclipsed its 50-day average volume of 4.1 M.