Shares of Bed Bath & Beyond Inc. BBBY, +6.48% rallied 6.48% to $5.59 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.59% rising 0.59% to 3,959.90 and the Dow Jones Industrial Average DJIA, +0.15% rising 0.15% to 31,874.84. This was the stock's second consecutive day of gains. Bed Bath & Beyond Inc. closed $24.76 below its 52-week high ($30.35), which the company achieved on July 22nd.
The stock outperformed some of its competitors Wednesday, as RH RH, +3.07% rose 3.07% to $273.41, Container Store Group Inc. TCS, +2.44% rose 2.44% to $7.15, and Macy's Inc. M, +2.20% rose 2.20% to $18.56. Trading volume (6.9 M) remained 2.0 million below its 50-day average volume of 9.0 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
The main benchmarks recorded their largest daily gain in a month on Tuesday while small caps surged.
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