- Bed Bath & Beyond Inc (NASDAQ:BBBY) has made additional shares available for sale under its existing at the market offering program (ATM Program). The maximum aggregate offering amount is up to $150 million.
- The ATM program was initially launched on August 31, 2022.
- Pursuant to the ATM program, the company previously sold an aggregate of 12 million shares for gross proceeds of about $75 million.
- The company intends to use the offering net proceeds for general corporate purposes, including rebalancing the company’s assortment and inventory and addressing debt.
- Price Action: BBBY shares are trading lower by 8.53% at $4.55 on the last check Friday.
Universal Health Realty Q2 EPS $0.48 Up From $0.34 YoY
Universal Health Realty (NYSE:UHT) reported quarterly earnings of $0.48 per share. This is a 41.18 percent increase over earnings of $0.34 per share from the same period last year.
