{"id":33047,"date":"2023-07-08T10:50:44","date_gmt":"2023-07-08T14:50:44","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/bed-bath-beyond-cancels-buy-buy-baby-auction-report\/"},"modified":"2023-07-08T10:50:45","modified_gmt":"2023-07-08T14:50:45","slug":"bed-bath-beyond-cancels-buy-buy-baby-auction-report","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=33047","title":{"rendered":"Bed Bath &#038; Beyond cancels Buy Buy Baby auction: report"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002257810\" role=\"document\">\n<p>Bed Bath &amp; Beyond Inc.<br \/>\n        BBBYQ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209801102\/composite\" class=\"negative\">-8.01%<\/bg-quote><br \/>\n       has canceled the auction for its Buy Buy Baby retail chain because bidders had backed out, according to a report late Friday. CNBC reported bidders backed out after determining that the chain\u2019s assets had depreciated too much, citing unnamed sources described as close to the matter. Even after Bed Bath &amp; Beyond filed for Chapter 11 bankruptcy protection in April and its stock was delisted from the Nasdaq exchange, investors have continued to trade the \u201cworthless\u201d stock. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/bed-bath-beyond-cancels-buy-buy-baby-auction-report-df218c4c?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bed Bath &amp; Beyond Inc. BBBYQ, -8.01% has canceled the auction for its Buy Buy Baby retail chain because bidders had backed out, according to a report late Friday. CNBC reported bidders backed out after determining that the chain\u2019s assets had depreciated too much, citing unnamed sources described as close to the matter. Even after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-33047","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bed Bath &amp; Beyond cancels Buy Buy Baby auction: report | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Bed Bath &amp; Beyond Inc. 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