Bed Bath & Beyond stock sinks after retailer calls shareholder meeting to approve reverse stock split

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Bed Bath & Beyond stock sinks after retailer calls shareholder meeting to approve reverse stock split
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Struggling home-goods retailer Bed Bath & Beyond Inc. on Friday said it planned to hold a special meeting in which shareholders would vote on whether to...

Struggling home-goods retailer Bed Bath & Beyond Inc.

on Friday said it planned to hold a special meeting in which shareholders would vote on whether to allow the company to carry out a reverse stock split, should its board decide to do so. Shares tumbled 19% after hours. Shareholder approval would amend Bed Bath & Beyond’s certificate of incorporation to carry out “a reverse stock split of the Company’s common stock, par value $0.

on Friday said it planned to hold a special meeting in which shareholders would vote on whether to allow the company to carry out a reverse stock split, should its board decide to do so. Shares tumbled 19% after hours. Shareholder approval would amend Bed Bath & Beyond’s certificate of incorporation to carry out “a reverse stock split of the Company’s common stock, par value $0.

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