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A stratospheric climb saw Bed Bath & Beyond, Inc. stock jump from $9.79 on Aug. 9 to $23.08 in about six sessions. Bed Bath & Beyond Rally Stalls: After a six-session winning streak and a 135% jump, the wheels fell off the rally, with the stock sliding by over 18% in after-hours trading on Wednesday. The trigger was a Form 144 filing by activist investor Ryan Cohen’s RC Ventures, which suggested the firm is planning to sell 7.78 million common shares and 16,701 call options to buy 1.67 million shares. Cohen’s venture picked up nearly a 10% stake in the retailer in early March and increased it to 11.82% by late March. Cohen had urged then-CEO Mark Tritton to make changes at the company to stem market share losses and mitigate supply-chain issues. KeyBanc maintained a Sell rating and $2 price target on Bed Bath & Beyond, with the price target suggesting 91% downside. Get the full details on benzinga.com, link in bio. Follow 👉 @benzinga . . . . . . . . . . . #money #earnings #busin...

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