Shares of bankrupt Bed Bath & Beyond Inc. rose 3.8% in premarket trades Wednesday, continuing the stock’s recent rally.
Bed Bath & Beyond’s stock BBBYQ ended Monday’s session up 9.6%, snapping a two-day losing streak. Last week a judge approved Overstock.com Inc.’s OSTK bid $21.5 million bid to buy Bed Bath & Beyond’s assets. U.S. stock markets were closed on Tuesday because of the Independence Day holiday.
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