20230930-DK-Butterfly-1, Inc., formerly Bed Bath & Beyond Inc., has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code and is winding down its business. The Company has no business operations.
B. Riley Lowers Bed Bath & Beyond's Price Target to $5 from $7 After Lower-than-Consensus Fiscal Q1 Adjusted Earnings, Weaker Sales; Keeps Neutral Rating