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Bed Bath and Beyond (BBBY) NewsBite - BBBY Could Be On the Move

Oct 20, 2009 (Fresh Brewed Media via COMTEX) --

Company: Bed Bath & Beyond, Inc. (BBBY)

Bed Bath and Beyond (BBBY) could be on the move today and is now at $36.16, down $0.57 (-1.55%) on volume of 496,224 shares traded. Over the last 52 weeks the stock has ranged from a low of $16.23 to a high of $40.23. Bed Bath and Beyond stock has been showing support around $35.89 and resistance in the $37.25 range. Technical indicators for the stock are bearish and S&P gives BBBY a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on BBBY the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 41 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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News Provided by COMTEX

Company: Bed Bath & Beyond, Inc. (BBBY)


Related terms: S&P

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