Bed Bath & Beyond's Future Uncertain as Company Seeks to Sell $300 Million in Stock.

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Source: Yahoo Finance
TL;DR Summary

Bed Bath & Beyond has warned that it may go bankrupt if its $300 million equity offering fails. The retailer filed to sell new shares to stay afloat and repay creditors after a hedge-fund rescue effort faltered and as day traders flee. The latest deal arranged by B. Riley Securities, known as an at-the-market offering, has the advantage of raising funds faster than the agreement with Hudson Bay. However, the retailer also faces mounting operational challenges that make an eventual bankruptcy filing likely, according to analysts, investors and some of the retailer’s suppliers.

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