Bed Bath & Beyond shares sink 47% in Frankfurt after filing for bankruptcy protection
24/04/2023 07:57
LONDON, April 24 (Reuters) - Bed Bath & Beyond Inc
BBBY.F BBBY.O Frankfurt-listed shares fell 47% on Monday
after the U.S. home goods retailer filed for bankruptcy
protection.
Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy
protection on Sunday after it failed to secure funds to stay
afloat, and has begun a liquidation sale.
(Reporting by Joice Alves; Editing by Amanda Cooper)
((Joice.Alves@thomsonreuters.com; Twitter @joiceal;))
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