- Bed Bath & Beyond Inc (NASDAQ:BBBY) has made additional shares available for sale under its existing at the market offering program (ATM Program). The maximum aggregate offering amount is up to $150 million.
- The ATM program was initially launched on August 31, 2022.
- Pursuant to the ATM program, the company previously sold an aggregate of 12 million shares for gross proceeds of about $75 million.
- The company intends to use the offering net proceeds for general corporate purposes, including rebalancing the company’s assortment and inventory and addressing debt.
- Price Action: BBBY shares are trading lower by 8.53% at $4.55 on the last check Friday.
Hyped About iPhone 15? Sony Isn’t – The Lens Maker Expects Apple’s New iPhone Won’t Be In High Demand
Amidst the increasing hype in the run up to the iPhone 15 launch, lens maker Sony isn't very optimistic about iPhone 15 demand.
