The stock is down about 67% for the year to date, and on Monday its shares were officially removed from the S&P 600 index (.SPCY) of small capitalization stocks. Explore Universal Studios video From archival footage from the 1920s to modern digital content, get one-of-a-kind footage from the legendary American film studio. "But any time bonds are trading below 50 cents on the dollar, there's always uncertainty involved." A vast collection of current and classic stock footage, encompassing a wide variety of subjects gleaned from the iconic studio’s productions. "On January 31st, they were priced for immediate bankruptcy and now they're trading at 29 cents on the dollar," he said. 12 of the best sites for free stock videos Pixabay Pixabay stunning free stock photos Videvo videvo free stock video footage Pexels pexels best free. "They were extended a lifeline," but its corporate bond levels are still showing signs of distress, said Jake Dollarhide, CEO of Longbow Asset Management in Tulsa, Oklahoma. That level is down from an original threshold of at least $1.25, with the amendment aimed at allowing for up to $100 million additional funding in April 2023.īed Bath & Beyond last month said it was planning to raise some $1 billion through a complex offering of preferred stock and warrants in an effort to avoid bankruptcy. The struggling retailer reached an amended agreement with Hudson last week to temporarily lower the stock price threshold to $1 until April 3. The company also reported late Friday shares outstanding as of March 15 of about 335 million, compared with 117 million reported in late January. After midday Tuesday, it was up 1% at 82 cents. From b-roll footage to background, business, or nature videos. NEW YORK, March 21 (Reuters) - Shares of Bed Bath & Beyond Inc (BBBY.O) edged higher in midday trading Tuesday but the stock remained under $1, leaving the home goods retailer at risk of losing additional funding from hedge fund Hudson Bay Capital Management, a pivotal investor.īed Bath & Beyond's stock dropped 21% on Monday to end at 81 cents after the company late Friday said it was seeking shareholder approval for a reverse stock split. Stock Video Royalty Free Stock Videos Bring your projects to life with stunning high-definition stock videos. stock futures wavered ahead of the open on Wednesday as Wall Street awaits for the Federal Reserves latest interest rate decision amid of a fast-moving banking crisis.
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