Shares of Bed Bath & Beyond Inc. BBBY, -7.52% slid 7.52% to $4.67 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +2.37% rising 2.37% to 3,752.75 and the Dow Jones Industrial Average DJIA, +2.47% rising 2.47% to 31,082.56. Bed Bath & Beyond Inc. closed $25.39 below its 52-week high ($30.06), which the company reached on March 7th.
The stock underperformed when compared to some of its competitors Friday, as RH RH, +3.78% rose 3.78% to $240.40, Container Store Group Inc. TCS, +2.57% rose 2.57% to $5.18, and Macy’s Inc. M, +4.74% rose 4.74% to $19.46. Trading volume (12.1 M) remained 35.5 million below its 50-day average volume of 47.6 M.