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Digital News Report – The stock price of Bed Bath & Beyond Inc. (NASDAQ:BBBY) didn’t budge in Tuesday’s trading but moved higher in after-hours.
The company, which operates a chain of home appliance stores, is expected to post earnings of 63 cents per share according to FactSet Research via Market Watch. Yahoo also published a 63 cent estimate.
The retailer was even on Tuesday closing at $41.96. This is near the 100-day high of $48.25 and above the 50-day moving average of $38.53.
The company was trading higher in after-hours, up 0.03 (0.08%) to $41.99. Today’s pivot point is $42.01 and the R1 resistance level is 42.40. The S1 support level is $41.79.
By: Tina Brown