- 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.
12 Health Care Stocks Moving In Friday’s After-Market Session
Gainers
Delcath Systems (NASDAQ:DCTH) stock increased by 8.87% to $11.9 during Friday's after-market session. This security traded at a volume of 379 shares come close, making up 0.45% of its average volume over the last 100 days. The company's market cap stands at $87.4 million.