The stock of Bed Bath & Beyond (NASDAQ:BBBY), the famous home merchandise store, plunged more than 24% last month when the brand reported bleak earnings for the first quarter. Revenue fell by 50% and the Company announced it will be closing its 200 stores in the upcoming two years. The …
Read More »End of June Stock Market: Coronavirus Surge Offset Recovery Hopes; Wall Street Concludes with a Sharp Low
Last week, stocks closed sharply lower, as the weight of the ever-increasing coronavirus cases in half of the United States became too much for the optimistic investors to overlook. Florida and Texas— which had an early lockdown— are now the epicenters of America’s outbreak. Both states took additional measures to …
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