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Bed Bath & Beyond Stock Surge Recalls Meme Mania

Bed Bath & Beyond Stock Surge Recalls Meme Mania

Shares of Bed Bath & Beyond Inc. rose sharply Wednesday, jumping as much as 54%, after the company announced it had accelerated its share buybacks and launched a partnership with supermarket operator Kroger Co.

The home-goods retailer’s stock recently rose 20% to $20.03. On Tuesday afternoon, Bed Bath & Beyond said it expects to complete its $1 billion share repurchase plan two years ahead of schedule by buying a remaining $400 million of stock this year.

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