Avis, Bed Bath lead gains in stocks with big short bets this week

A passenger boards an Avis shuttle bus at Los Angeles International Airport. Patrick T. Fallon | Bloomberg | Getty Images Huge rises in Bed Bath & Beyond and Avis Budget have reignited the meme stock mania that swept Wall Street earlier this year, with big short-interest stocks targeted by retailers jumping harmoniously this week. The … Read more

Stock surge is ‘moment in time’ amid turnaround

Bed Bath & Beyond, CEO Mark Triton Source: Bed Bath & Beyond Mark Triton, Bed Bath & Beyond CEO, said the high retail share price wouldn’t stop the company from implementing turnaround plans, including a quick share repurchase plan. “We’re not in it day in and day out, we’re in it for the long haul,” … Read more

5 things to know before the stock market opens Wednesday, Nov. 3

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street awaits Fed decision after another record day Traders on the floor of the New York Stock Exchange Source: NYSE US stock futures were little changed on Wednesday ahead of the conclusion of the two-day Federal Reserve … Read more

New York Times, CVS Health, Humana and more

Check out the companies making headlines before the bell: The New York Times (New York Times) – Shares of the newspaper publisher jumped 3.9% in the primary market after beating estimates by 3 cents with adjusted quarterly profit of 23 cents per share. Revenue also exceeded estimates amid rising advertising and digital sales. CVS Health … Read more

Bed Bath & Beyond shares soar more than 80% in after-hours trading

A person walks into a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood of New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond shares rose more than 80% in extended trading Tuesday after the company released a flurry of press releases. Among the news announced by … Read more