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Bed Bath & Beyond (BBBY) could head for a meme squeeze - S3 Partners

January 12, 2023 10:38 AM EST

After Bed Bath & Beyond (NASDAQ: BBBY) shares jumped over 68% in Wednesday's session, S3 Partners Research analyst Ihor Dusaniwsky said in a note that if the stock continues to rally, we could see some near-term short-sellers exit their positions and start to realize the profits they earned in 2022.

However, the analyst warned that the crucial difference between BBBY and other crowded shorts is that there is a definite... More