Nasdaq Tells Bed Bath & Beyond It’s Running Afoul of Listing Guidelines, Retailer Says

Dow Jones2023-01-20

Troubled home-goods retailer Bed Bath & Beyond Inc. on Thursday said it received a notice from Nasdaq saying the chain was not in compliance with requirements for continued listing on the exchange.

The retailer said it received the notice because it had not yet filed its quarterly report for the period ended Nov. 26 with the Securities and Exchange Commission. Bed Bath & Beyond said it received that notice on Jan. 12. The company has until March 13 to submit a plan to get back within the boundaries of Nasdaq’s listing rules. If Nasdaq accepts that plan, the exchange can give Bed Bath & Beyond up to 180 days from the report’s due date, or July 10, to file that report. The notice had no “immediate effect” on investors’ ability to trade shares, the company said.

Shares fell 8.4% in premarket trading Friday. The stock is down 72% over the past 12 months, amid concerns over a potential bankruptcy filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

PaulMardling
2023-01-20
PaulMardling
Why is this even news today? It's over a week old. Something to do with pushing down the price for options....?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2304767576?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-01-20 19:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2304767576","market":"us","top_or_hot":-1,"title":"Nasdaq Tells Bed Bath & Beyond It’s Running Afoul of Listing Guidelines, Retailer Says","media":"Dow Jones","content":"<html><head></head><body><p>Troubled home-goods retailer Bed Bath &amp; Beyond Inc. on Thursday said it received a notice from Nasdaq saying the chain was not in compliance with requirements for continued listing on the exchange.</p><p>The retailer said it received the notice because it had not yet filed its quarterly report for the period ended Nov. 26 with the Securities and Exchange Commission. Bed Bath &amp; Beyond said it received that notice on Jan. 12. The company has until March 13 to submit a plan to get back within the boundaries of Nasdaq’s listing rules. If Nasdaq accepts that plan, the exchange can give Bed Bath &amp; Beyond up to 180 days from the report’s due date, or July 10, to file that report. The notice had no “immediate effect” on investors’ ability to trade shares, the company said.</p><p>Shares fell 8.4% in premarket trading Friday. The stock is down 72% over the past 12 months, amid concerns over a potential bankruptcy filing.</p><p><img src=\"https://static.tigerbbs.com/5e750a359eece0f4e7c72f666bbe2dc8\" tg-width=\"826\" tg-height=\"615\" referrerpolicy=\"no-referrer\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Tells Bed Bath & Beyond It’s Running Afoul of Listing Guidelines, Retailer Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Tells Bed Bath & Beyond It’s Running Afoul of Listing Guidelines, Retailer Says\n</h2>\n\n<h4 class=\"meta\">\n\n2023-01-20 19:03 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Troubled home-goods retailer Bed Bath & Beyond Inc. on Thursday said it received a notice from Nasdaq saying the chain was not in compliance with requirements for continued listing on the exchange.The...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4178","symbol_name":"家庭装饰零售","start_time":0,"source_url":"","article_id":"2304767576","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2304767576","pubTimestamp":1674212626,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Troubled home-goods retailer Bed Bath & Beyond Inc. on Thursday said it received a notice from Nasda","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4178":"家庭装饰零售","BK4547":"WSB热门概念"},"translate_title":"零售商称，纳斯达克告诉3B家居，它违反了上市准则","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"Troubled home-goods retailer Bed Bath & Beyond Inc. on Thursday said it received a notice from Nasdaq saying the chain was not in compliance with requirements for continued listing on the exchange.The retailer said it received the notice because it had not yet filed its quarterly report for the period ended Nov. 26 with the Securities and Exchange Commission. Bed Bath & Beyond said it received that notice on Jan. 12. The company has until March 13 to submit a plan to get back within the boundaries of Nasdaq’s listing rules. If Nasdaq accepts that plan, the exchange can give Bed Bath & Beyond up to 180 days from the report’s due date, or July 10, to file that report. The notice had no “immediate effect” on investors’ ability to trade shares, the company said.Shares fell 8.4% in premarket trading Friday. The stock is down 72% over the past 12 months, amid concerns over a potential bankruptcy filing.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9956749657,"gmtCreate":1674228126879,"gmtModify":1676538931932,"author":{"id":"3572968392598415","authorId":"3572968392598415","authorIdStr":"3572968392598415","name":"PaulMardling","avatar":"https://static.tigerbbs.com/0919d3658912343433bf81007b1c4f11","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572968392598415"},"htmlText":"Why is this even news today? It's over a week old. Something to do with pushing down the price for options....?","listText":"Why is this even news today? It's over a week old. Something to do with pushing down the price for options....?","text":"Why is this even news today? It's over a week old. Something to do with pushing down the price for options....?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956749657","repostId":2304767576,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":28,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2304767576"}