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Meme stocks in reverse as Bed Bath & Beyond slump spooks investors

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Bed Bath & Beyond Inc (NASDAQ:BBBY)'s shares extended their plunge, falling 42% to $10.80, after Cohen said a day earlier he had sold his 9.8% stake in the company, almost five months after amassing it and pushing for changes.


Cryptocurrency prices are taking a tumble, reversing recent gains and stunting hopes of recovery.

Ether, the second-largest, is also down despite excitement surrounding the upcoming Ethereum "merge" upgrade. It's down 9% in the last 24 hours, currently trading at around $1,690 after hitting a high of $1,878 in that timeframe.






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