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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