Bed Bath & Beyond's Shares Dipped on the Big Buyback. Should You be Concerned?
Why did the domestic-merchandise chain initiate a buyback program?
Bed Bath & Beyond (NASDAQ:BBBY) has breathed new life into its existing buyback program, which is essentially an investment in itself. Ideally, this also gives more value to current shareholders since everybody's piece of the pie becomes a little bit bigger. But Bed Bath & Beyond's stock has dipped some since the buyback.
In this segment of The Motley Fool's Where the Money Is, consumer-goods editor Mark Reeth and analyst Michael Finarelli discuss why the domestic-merchandise chain engaged in the new buyback program, why the stock dipped, and whether it should ultimately bounce back.