'Bed Bath & Beyond' Struggles to get the financial support.
The recent downward trend for Bed Bath & Beyond Inc stock has made it difficult for the struggling company to get the capital infusion.
The stock has lost over 60% since then. Before that, its shares had more than quadrupled this month through Wednesday.
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In June, the company signaled it needed cash as the business is in the declining phase.
Mr. Cohen, Bed Bath & Beyond said earlier this year that it would explore strategic options