Bed Bath & Beyond receives Nasdaq stock delisting notice

By Sarah Lizee

Olympia, Wash., April 25 – Bed Bath & Beyond Inc. was notified that the Nasdaq has decided to delist its common stock because of its Chapter 11 bankruptcy filing, according to a Tuesday press release.

The Nasdaq informed the company that trading in its common stock would be suspended at the opening of business on May 3.

The company also announced that it canceled a special meeting of shareholders that was scheduled for May 9.

The chain of retail stores has headquarters in Union, N.J. The company filed bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey on April 23 under case number 23-13359.

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