xvv
2021-06-11
Short squeeze gogo
Bed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:11 GMT+8 <a href=https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental turnaround also may be losing steam, according to KeyBanc Capital Markets.\nThe stock reemerged as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1177158248","content_text":"Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental turnaround also may be losing steam, according to KeyBanc Capital Markets.\nThe stock reemerged as ameme trade earlier this monthbut has pulled back as that retail trading energy has dissipated. Shares have fallen more than 14% in the past two sessions on daily volume of less than 7 million shares. Volume topped 100 million on June 2.\nKeyBanc analyst Bradley Thomas reiterated an underweight rating on the stock, saying in a note to clients on Thursday evening that the retailer’s sales appeared to dip in the back half of the spring and the shares still have significant downside.\n“1Q data indicates potential outperformance relative to Street expectations. ... However, monthly trends peaked in April and have since slowed, which we believe indicates BBBY’s strength was largely driven by government stimulus,” the note said.\nKeyBanc has a price target of $22 per share, which is 30% below where the stock closed Thursday. That difference has been caused by the Reddit-inspired surge and makes the stock a risky bet for investors, the firm said.\n“We think BBBY is a fundamentally challenged retailer undergoing a turnaround by a highly respected new management team. Given this backdrop, we believe valuation is a crucial factor for investors. With shares up significantly YTD ... and activities spurred by the Reddit message board ‘WallStreetBets’ to push short squeezes, we believe BBBY shares currently far exceed fair value,” the note said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/181735309"}
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