Bed Bath & Beyond stock soars after report says activists want full board revamp
Shares of Bed Bath & Beyond Inc. BBBY, +1.24% soared 19% to pace all premarket gainers Tuesday, after The Wall Street Journal reported that three activist investors are preparing to launch a proxy fight to replace the home furnishings retailer's entire board.
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Bed Bath & Beyond soars 20% on report activists launching fight to throw out entire boardBed Bath & Beyond rocketed about 20 percent higher Tuesday morning following a report that three activists are trying to replace the board.
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