{"id":82347,"date":"2022-08-19T02:00:09","date_gmt":"2022-08-19T06:00:09","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82347"},"modified":"2022-08-19T01:46:15","modified_gmt":"2022-08-19T05:46:15","slug":"meme-stock-bed-bath-beyond-sinks-after-investor-cohens-exit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2022\/meme-stock-bed-bath-beyond-sinks-after-investor-cohens-exit.html","title":{"rendered":"Meme stock Bed Bath &#038; Beyond sinks after investor Cohen&#8217;s exit"},"content":{"rendered":"\n<p>(Reuters) Bed Bath &amp; Beyond Inc <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/companies\/BBBY.O\" target=\"_blank\">(BBBY.O)<\/a> shares tumbled 35% after the bell on Thursday as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake following a stunning rally in the meme stock this month. Cohen&#8217;s RC Ventures was the second largest investor in the company. The venture capital firm said in a regulatory filing that it has no stake as of Aug. 16.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/markets\/europe\/bed-bath-beyond-rally-fizzles-out-billionaire-cohen-plans-dump-stake-2022-08-18\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Bed Bath &amp; Beyond Inc (BBBY.O) shares tumbled 35% after the bell on Thursday as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake following a stunning rally in the meme stock this month. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82347","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82347"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82347\/revisions"}],"predecessor-version":[{"id":82348,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82347\/revisions\/82348"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}