And BBBY has wasted no time in slimming down both its rank-and-file staff and C-suite officers.

Source: https://investorplace.com/2023/01/bbby-stock-can-redditors-save-bed-bath-beyond-from-its-death-spiral/

BBBY earnings were worse than expected, showing a large drop in revenue.

Source: https://seekingalpha.com/article/4569794-bed-bath-and-beyond-q3-earnings-worse-than-they-look?source=feed_all_articles

BBBY stock dropped overnight to 20 cents.

Source: https://investorplace.com/2023/04/bbby-stock-alert-bed-bath-beyond-plunges-40-on-bankruptcy-filing/

Bed Bath & Beyond Stock Alert: Sell Your BBBY Immediately!

Source: https://investorplace.com/2023/04/bed-bath-beyond-stock-alert-sell-your-bbby-immediately/

Hence, most people shouldn’t short BBBY stock.

Source: https://investorplace.com/2023/03/the-case-for-shorting-bbby-stock-why-bed-bath-beyond-is-headed-for-bankruptcy/

However, this news doesn’t seem to have dissuaded retail investors from attempting a short squeeze with BBBY stock.

Source: https://investorplace.com/2023/01/bbby-stock-alert-investors-bet-on-a-squeeze-despite-looming-bankruptcy/

The offer was to be good until December 5. However, not enough of the Unsecured Debt was tendered for BBBY to proceed.

Source: https://seekingalpha.com/article/4568850-bed-bath-and-beyond-approximately-600-million-more-shares-available?source=feed_all_articles