Bed Bath & Beyond stock rallies 3% after filing on at-market offering

Bed Bath & Beyond Inc.
BBBY,
+5.98%
stock rose more than 3% in the extended session Tuesday after the retailer said in a filing it had sold as of Monday about 100.1 million shares for about $48.5 million of net proceeds under an agreement with sales agent B. Riley Securities first announced in March and tweaked Tuesday. Bed Bath & Beyond may offer and sell up to $300 million worth of shares under the program. The stock ended the regular trading day up nearly 6%.