Is Bed, Bath & Beyond Going To Zero?

Growth Stocks

Once a popular meme stock, Bed, Bath & Beyond (BBBY) could be in trouble.  The stock price has recently shot higher on news that insiders are buying the shares.  However, a large purchase of put options that expire in January of 2024 suggests there could be significant downside in the stock. This put position will only pay off in extremely negative circumstances for the company (unless it is meant to be a hedge.

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