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2022-06-16 21:51:25 By : Mr. Logan Yuan

Shares of Bed Bath & Beyond Inc. BBBY, -7.26% shed 7.26% to $6.13 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -3.25% falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA, -2.42% falling 2.42% to 29,927.07. This was the stock's second consecutive day of losses. Bed Bath & Beyond Inc. closed $33.17 below its 52-week high ($39.30), which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as RH RH, -7.46% fell 7.46% to $231.66, Container Store Group Inc. TCS, -6.88% fell 6.88% to $6.77, and Macy's Inc. M, -9.63% fell 9.63% to $19.81. Trading volume (6.8 M) eclipsed its 50-day average volume of 5.5 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.

Stocks close higher in choppy trade, after the Fed raises rates by 75 basis points on Wednesday in a bid to contain high inflation.

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