BBBY Meme stock soars after investor with latest bets

BBBY (Bed Bath & Beyond) quick dealers hold hit to the tune of $662 million in mark-to-market piece losses month, including a $218 million hit, data from analytics firm S3

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BBBY will likely be driven even higher as short dealers are forced to wrap their bets, S3 Partners managing director of predictive analytics Ihor Dusaniwsky said by email

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BBBY was the most bought asset on Fidelity’s outlet as buy orders more than doubled those for Tesla Inc

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BBBY ticker was the most mentioned on Reddit’s WallStreetBets and was trending on famous chatroom StockTwits, debt tied to the company also rose

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BBBY, which has 50.7% of its public free float in a short position, has triggered a short squeeze signal

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BBBY stock is up 440% so far this month in a rally that is evocative of eye-watering gains in shares of GameStop (GME.N) and AMC Entertainment (AMC.N) early last year

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BBBY opened lower on Tuesday after B. Riley downgraded the stock to "sell", saying the shares were trading at "unrealistic valuations"

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