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Nasdaq kicks off Bed Bath & Beyond delisting process

Clyde Edgerton by Clyde Edgerton
May 3, 2023
in Markets
Nasdaq kicks off Bed Bath & Beyond delisting process
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The Nasdaq Stock Market started the delisting process for Bed Bath & Beyond Inc.’s stock Wednesday, less than two weeks after the troubled home goods retailer and some-time meme stock filed for chapter 11 bankruptcy.

Nasdaq Inc.’s NDAQ listing center describes Bed Bath & Beyond’s status as suspended, with “regulatory/non-compliance” cited as the reason. Bed Bath and Beyond’s stock was trading under the ticker “BBBYQ” BBBYQ on the over-the-counter market Wednesday. The stock was down 4.1% at 7.2 cents in morning trading.

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