Bloomberg noted that at 9:57 am ET at least two Twitter postings implied that activist investor Jana Partners could be getting involved with Bed Bath & Beyond. Similarly, in July, Bed Bath & Beyond shares advanced following tweets that discussed M&A speculation, the news service noted. Since April 12, the day after the home goods retailer reported better than expected fourth quarter results but issued a weaker than projected 2018 forecast, the stock has declined about 14%. In afternoon trading, Bed Bath & Beyond is up 3.5% to $18.10 after having risen to as high as $18.61 earlier in the session.
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