Amazing to see people continue to think that BBB will last through 2023.
https://www.reuters.com/markets/us/unisys-bed-bath-beyond-slide-after-removal-small-cap-index-2023-03-06/
Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it was announced they will be removed from the small-cap S&P 600 index (.SPCY) in two weeks.
The lifeline they were given has contingencies based around how well the stock does. Every investor that has given BBB money has clauses that allows them to back away at any time when the stock underperforms. Once they back away BBB is done. Oh sorry forgot... #wegotthis #goBaby