{"id":1818914,"date":"2023-01-22T06:50:34","date_gmt":"2023-01-22T11:50:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1818914"},"modified":"2023-01-22T06:53:29","modified_gmt":"2023-01-22T11:53:29","slug":"bed-bath-beyond-gets-delisting-notice-from-nasdaq","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bed-bath-beyond-gets-delisting-notice-from-nasdaq\/","title":{"rendered":"Bed Bath &amp; Beyond Gets Delisting Notice From Nasdaq"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbed-bath-beyond-gets-delisting-notice-from-nasdaq%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1818914&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>David Dietze, Peapack Private wealth Management&#8217;s managing principal, analyses how stocks perform on &#8220;Making Money.&#8221;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Bed Bath &#038; Beyond may be delisted from Nasdaq Stock market. This is just one of many problems.\u00a0<\/p>\n<p>The retailer is still waiting to file its quarterly report. <a href=\"https:\/\/bedbathandbeyond.gcs-web.com\/static-files\/d17f74ec-ff5e-4384-b257-1fa8aed46ed0\" target=\"_blank\" rel=\"noopener\">Form 10-Q<\/a> The period ended on Nov. 26, 2022. This prompted a delisting alert which was disclosed by Securities and Exchange in a Securities and Exchange filing.\u00a0<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=BBBY\">BBBY<\/a><\/td>\n<td class=\"security\">BED BATH AND BEYOND INC.<\/td>\n<td class=\"last\">3.35<\/td>\n<td class=\"change neg\">-0.44<\/td>\n<td class=\"percent neg\">-11.61%<\/td>\n<\/tr>\n<tr><\/tr>\n<\/tbody>\n<\/table>\n<p>This disclosure on Friday spooked investors and is yet another negative for the retailer, which is trying to avoid bankruptcy. The company said it was working hard to finish the data and plans for filing as soon possible to regain compliance under the listing rules.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/retail\/bed-bath-beyond-releases-list-store-closings\" target=\"_blank\" rel=\"noopener\"><strong>BED BATH &#038; BEYOND STORE CLOSINGS<\/strong><\/a><\/p>\n<p>Bed Bath &#038; Beyond can now submit a plan to regain compliance until March 13, 2023.<\/p>\n<p>The shares have fallen to below $1.00 in the meantime.\u00a0<\/p>\n<div>\n<div id=\"embed\">\n<p><strong>Bed Bath &#038; Beyond<\/strong><\/p>\n<\/div>\n<p>.<\/p><\/div>\n<p>The retailer opened last week <a href=\"https:\/\/www.foxbusiness.com\/markets\/bed-bath-beyond-reportedly-selling-assets-private-equity-firm-retailer-says-no-comment\" target=\"_blank\" rel=\"noopener\">selling off assets<\/a> Sycamore Partners, a private equity firm, ahead of a <a href=\"https:\/\/www.foxbusiness.com\/markets\/bed-bath-beyond-following-meme-phenomenon-avoid-bankruptcy\" target=\"_blank\" rel=\"noopener\">possible bankruptcy<\/a> Notifying the closing of <a href=\"https:\/\/www.foxbusiness.com\/markets\/bed-bath-beyond-sales-sink-will-close-150-stores\" target=\"_blank\" rel=\"noopener\">150 locations<\/a> incremental cost savings of around $80 million to $101 million including overhead expense, headcount and other expenses, to achieve approximately $500 million annually in savings.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/kids-pajamas-sold-etsy-macys-recalled-burn-risks\" target=\"_blank\" rel=\"noopener\"><strong>KIDS PAJAMAS SOLD AT ETSY, MACY&#8217;S RECALLED FOR BURN RISKS<\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/08\/931\/523\/Bed-Bath-Beyond.jpg?ve=1&#038;tl=1\" alt=\"Bed Bath &#038; Beyond\"   style=\"display:none\"><\/div>\n<div class=\"caption\">\n<p><span>According to Placer.ai data in November, Bed Bath &#038; Beyond&#8217;s foot trafic fell 23.1% from the year before.<\/span><span> (Photo by Joe Raedle\/Getty Images \/ Getty Images<\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/strong><\/a><\/p>\n<p><i>Despite FOX Business&#8217;s inquiries, Bed Bath &#038; Beyond has not yet responded.\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Dietze, Peapack Private wealth Management&#8217;s managing principal, analyses how stocks perform on &#8220;Making Money.&#8221; Bed Bath &#038; Beyond may be delisted from Nasdaq Stock market. This is just one of many problems.\u00a0 The retailer is still waiting to file its quarterly report. Form 10-Q The period ended on Nov. 26, 2022. This prompted a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1791873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[12555,8398,5458,9979,15946,6885,3819],"class_list":["post-1818914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bath","tag-bed","tag-bongino","tag-delisting","tag-nasdaq","tag-notice","tag-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1818914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1818914"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1818914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1791873"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1818914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1818914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1818914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}