Bed Bath & Beyond (BBBY) was an $80 stock back in early 2015, but it’s trading at $11 this morning which represents a drop of 86% from its highs.  The stock has been in a perpetual downtrend since peaking four years ago, and the news didn’t get better when the company reported earnings after the close yesterday.  Shares are currently set to open down 5%.

Below is a snapshot of BBBY earnings reports over the last three years using our Earnings Explorer tool.  We’ve highlighted the stock’s percentage move at the open of trading (versus the prior day’s close) following its quarterly earnings reports over this time period.  Aside from one gap up of 7.75% following its January 2019 report, the stock has gapped down sharply on seven of its last eight reports.  This morning’s gap down of 5% will be its eighth gap down of 5%+ out of its last nine reports.  Start a two-week free trial to one of Bespoke’s three premium research services.

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