Bed Bath & Beyond (BBBY) is uptrending despite losing points on weekly basis

Consumers went online and retailers quickly reacted by doing the same but many of them failed while Amazon took the majority of market share. Bed Bath & Beyond is still struggling to return the old potential customers who used to shop in its physical retail shops.

Going online somehow solves the issue. Nevertheless, the well-established logistics system of the company has a lot of room for improvement. Despite fading customer loyalty NASDAQ: BBBY has managed to surge from $3.94 to $12.09 during the lockdown and continuous pandemic.

If one zooms out the chart to six-month BBBY rose by 3 times with little movements that consist of a volatile pattern of the price. For the next 6 months, it might move up slowly on a modest average volume of shares.

Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life