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Ever since Bed Bath & Beyond (BBBY) reported its poor quarter a few weeks ago, the stock has rallied. The stock is now up about 20% from its low.

We often look to clear reasons to explain stock price movements. It's disquieting to think that sometimes there simply aren't any. Of course, I never thought BBBY should have been that cheap to begin with.

Posted by edelfenbein at May 1, 2008 12:47 PM