The 39% increase in three-weeks by Bed Bath & Beyond Inc. has helped to revive a wave of stockbuying. This is despite Wall Street

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After a Tuesday buying spree, the stock rose as high as 79% before losing 29% and closing at $20.65. Bloomberg data shows that the stock

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was the most traded, with 385 million shares changing hands. This is more than 20 times the average three-month trading volume.

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Despite the fact that at least three Wall Street banks had downgraded the home-goods firm and recommended that investors sell the stock

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Susan Anderson, at B Riley Securities, earlier Tuesday reduced her rating to sell and said that the retailer's valuation of $1.65billion was

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unrealistic". Justin Kleber, Baird's stock market analyst, downgraded shares last Wednesday, prior to the latest burst. He warned that the

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"fundamental risks/reward look unattractive", with market share losses increasing and the company burning cash.

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According to Vanda data, the stock has seen a surge in retail trading activity of $99 million since July 26. According to data, Monday's

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net inflow included a record $46million. This was when the stock jumped 24% to close at its highest level since April.

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