Will BBBY stock be delisted?

The retailer stated that it would not contest a likely decision by Nasdaq to delist its shares. BBBY stock could continue to trade for some time on an over-the-counter exchange. Bed, Bath & Beyond (NASDAQ: BBBY) declared bankruptcy this weekend, and BBBY stock appears poised to be delisted from the Nasdaq exchange.

Will Bed Bath & Beyond (BBBY) be delisted on May 3?

Bed Bath & Beyond ( BBBY) will be delisted on May 3. Management will remain in place in the liquidation. You can speculate on who might pick up the chain’s $6 billion in sales. Bed Bath & Beyond (NASDAQ: BBBY) stock is due for delisting on May 3. The meeting to approve a reverse stock split on May 9 was canceled.

Will BBBY get a delisting notice?

However, the retailer obtained a $240 million loan that will allow it to continue operating for the time being. In a Securities and Exchange Commission (SEC) filing, BBBY stated that it expects to receive a delisting notice from the Nasdaq exchange. The company stated that if it does receive such a notice it will not appeal the ruling.

Did Bed Bath & Beyond get a delisting warning from NASDAQ?

Bed Bath & Beyond Got a Delisting Warning From Nasdaq. What It Means for the Stock. Bed Bath & Beyond got a notice from Nasdaq on Thursday, warning the company that it was at risk of being delisted from the stock exchange. The notice sent the stock down 9% to $3.45 on Friday as investors pulled back.