Bed Bath & Beyond stock plummets after “meme stock” trading fallout

From CBS News.

Bed, Bath, and Beyond stock plummeted after influencer investor Ryan Cohen announced he sold his stake in the company. The fallout is highlighting the negative impact of so-called "meme stocks." Ed Butowsky, managing partner of Capwood Investment, joins CBS News to discuss the latest on the markets after the closing bell.

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on and Paramount+.

Subscribe to the CBS News YouTube channel:
Watch CBS News:
Download the CBS News app:
Follow CBS News on Instagram:
Like CBS News on Facebook:
Follow CBS News on Twitter:
Subscribe to our newsletters:
Try Paramount+ free:

For video licensing inquiries, contact: