Activist Investor Ryan Cohen Completes Planned Sale Of Bed Bath Beyond Stake Stock Falls 30

The filing shows that Cohen’s RC Ventures dumped its shares on Tuesday and Wednesday to a price range between $18.68 per share and $29.22 per share. The company also sold its call options. Cohen said in a filing earlier this week that he intended to sell his meme shares. Shares of the stock fell 35% in extended trading, adding to a loss of nearly 20% in Thursday’s regular session. Cohen, who founded Chewy and is the chairman of GameStop, bought more than 7 million shares and call options of Bed Bath & Beyond earlier this year. The company added board members of Cohen’s choosing and ousted its CEO after RC Ventures disclosed its stake. Cohen originally bought his shares in Bed Bath & Beyond at an average of about $15.34 per share. In a statement Wednesday, Bed Bath & Beyond said it reached a “constructive agreement” with RC Ventures in March and is exploring potential changes to its financial structure. Shares of Bed Bath & Beyond have rallied this month, fueled in part by retailers in an apparent revival of the meme-trading craze. Shares were up more than 200% in August as of Thursday’s close. Bed Bath & Beyond has seen unusually high trading volume this month, and the stock has become the dominant topic of discussion on Reddit’s WallStreetBets page. The stock has high short-term interest or bets that it will fall by hedge funds, which was one of the main characteristics of the names that floated during the meme stock frenzy of 2021. Interest from retail investors has come despite the company’s fundamental struggles. Bed Bath & Beyond in June reported that first-quarter net sales fell 25% year over year, resulting in a net loss of $358 million. The company also reported negative operating cash flow of about $400 million.

title: “Activist Investor Ryan Cohen Completes Planned Sale Of Bed Bath Beyond Stake Stock Falls 30 Klmat” ShowToc: true date: “2022-11-28” author: “Velda Young”

The filing shows that Cohen’s RC Ventures dumped its shares on Tuesday and Wednesday to a price range between $18.68 per share and $29.22 per share. The company also sold its call options. Cohen said in a filing earlier this week that he intended to sell his meme shares. Shares of the stock fell 35% in extended trading, adding to a loss of nearly 20% in Thursday’s regular session. Cohen, who founded Chewy and is the chairman of GameStop, bought more than 7 million shares and call options of Bed Bath & Beyond earlier this year. The company added board members of Cohen’s choosing and ousted its CEO after RC Ventures disclosed its stake. Cohen originally bought his shares in Bed Bath & Beyond at an average of about $15.34 per share. In a statement Wednesday, Bed Bath & Beyond said it reached a “constructive agreement” with RC Ventures in March and is exploring potential changes to its financial structure. Shares of Bed Bath & Beyond have rallied this month, fueled in part by retailers in an apparent revival of the meme-trading craze. Shares were up more than 200% in August as of Thursday’s close. Bed Bath & Beyond has seen unusually high trading volume this month, and the stock has become the dominant topic of discussion on Reddit’s WallStreetBets page. The stock has high short-term interest or bets that it will fall by hedge funds, which was one of the main characteristics of the names that floated during the meme stock frenzy of 2021. Interest from retail investors has come despite the company’s fundamental struggles. Bed Bath & Beyond in June reported that first-quarter net sales fell 25% year over year, resulting in a net loss of $358 million. The company also reported negative operating cash flow of about $400 million.

title: “Activist Investor Ryan Cohen Completes Planned Sale Of Bed Bath Beyond Stake Stock Falls 30 Klmat” ShowToc: true date: “2022-12-06” author: “Miriam Richmond”

The filing shows that Cohen’s RC Ventures dumped its shares on Tuesday and Wednesday to a price range between $18.68 per share and $29.22 per share. The company also sold its call options. Cohen said in a filing earlier this week that he intended to sell his meme shares. Shares of the stock fell 35% in extended trading, adding to a loss of nearly 20% in Thursday’s regular session. Cohen, who founded Chewy and is the chairman of GameStop, bought more than 7 million shares and call options of Bed Bath & Beyond earlier this year. The company added board members of Cohen’s choosing and ousted its CEO after RC Ventures disclosed its stake. Cohen originally bought his shares in Bed Bath & Beyond at an average of about $15.34 per share. In a statement Wednesday, Bed Bath & Beyond said it reached a “constructive agreement” with RC Ventures in March and is exploring potential changes to its financial structure. Shares of Bed Bath & Beyond have rallied this month, fueled in part by retailers in an apparent revival of the meme-trading craze. Shares were up more than 200% in August as of Thursday’s close. Bed Bath & Beyond has seen unusually high trading volume this month, and the stock has become the dominant topic of discussion on Reddit’s WallStreetBets page. The stock has high short-term interest or bets that it will fall by hedge funds, which was one of the main characteristics of the names that floated during the meme stock frenzy of 2021. Interest from retail investors has come despite the company’s fundamental struggles. Bed Bath & Beyond in June reported that first-quarter net sales fell 25% year over year, resulting in a net loss of $358 million. The company also reported negative operating cash flow of about $400 million.

title: “Activist Investor Ryan Cohen Completes Planned Sale Of Bed Bath Beyond Stake Stock Falls 30 Klmat” ShowToc: true date: “2022-12-18” author: “Joyce Thomas”

The filing shows that Cohen’s RC Ventures dumped its shares on Tuesday and Wednesday to a price range between $18.68 per share and $29.22 per share. The company also sold its call options. Cohen said in a filing earlier this week that he intended to sell his meme shares. Shares of the stock fell 35% in extended trading, adding to a loss of nearly 20% in Thursday’s regular session. Cohen, who founded Chewy and is the chairman of GameStop, bought more than 7 million shares and call options of Bed Bath & Beyond earlier this year. The company added board members of Cohen’s choosing and ousted its CEO after RC Ventures disclosed its stake. Cohen originally bought his shares in Bed Bath & Beyond at an average of about $15.34 per share. In a statement Wednesday, Bed Bath & Beyond said it reached a “constructive agreement” with RC Ventures in March and is exploring potential changes to its financial structure. Shares of Bed Bath & Beyond have rallied this month, fueled in part by retailers in an apparent revival of the meme-trading craze. Shares were up more than 200% in August as of Thursday’s close. Bed Bath & Beyond has seen unusually high trading volume this month, and the stock has become the dominant topic of discussion on Reddit’s WallStreetBets page. The stock has high short-term interest or bets that it will fall by hedge funds, which was one of the main characteristics of the names that floated during the meme stock frenzy of 2021. Interest from retail investors has come despite the company’s fundamental struggles. Bed Bath & Beyond in June reported that first-quarter net sales fell 25% year over year, resulting in a net loss of $358 million. The company also reported negative operating cash flow of about $400 million.

title: “Activist Investor Ryan Cohen Completes Planned Sale Of Bed Bath Beyond Stake Stock Falls 30 Klmat” ShowToc: true date: “2022-10-23” author: “Sylvia Hayes”

The filing shows that Cohen’s RC Ventures dumped its shares on Tuesday and Wednesday to a price range between $18.68 per share and $29.22 per share. The company also sold its call options. Cohen said in a filing earlier this week that he intended to sell his meme shares. Shares of the stock fell 35% in extended trading, adding to a loss of nearly 20% in Thursday’s regular session. Cohen, who founded Chewy and is the chairman of GameStop, bought more than 7 million shares and call options of Bed Bath & Beyond earlier this year. The company added board members of Cohen’s choosing and ousted its CEO after RC Ventures disclosed its stake. Cohen originally bought his shares in Bed Bath & Beyond at an average of about $15.34 per share. In a statement Wednesday, Bed Bath & Beyond said it reached a “constructive agreement” with RC Ventures in March and is exploring potential changes to its financial structure. Shares of Bed Bath & Beyond have rallied this month, fueled in part by retailers in an apparent revival of the meme-trading craze. Shares were up more than 200% in August as of Thursday’s close. Bed Bath & Beyond has seen unusually high trading volume this month, and the stock has become the dominant topic of discussion on Reddit’s WallStreetBets page. The stock has high short-term interest or bets that it will fall by hedge funds, which was one of the main characteristics of the names that floated during the meme stock frenzy of 2021. Interest from retail investors has come despite the company’s fundamental struggles. Bed Bath & Beyond in June reported that first-quarter net sales fell 25% year over year, resulting in a net loss of $358 million. The company also reported negative operating cash flow of about $400 million.