They officially only filed for bankruptcy this weekend. Everybody (except the retail investors who were buying their stock offerings) knew this was coming.
>Individual investors who continued to back Bed Bath & Beyond during its final months, when it was flooding the market with shares, will likely be wiped out in chapter 11, which prioritizes the repayment of debt over shareholder recoveries.
Source:https://www.wsj.com/articles/bed-bath-beyond-files-for-bankr...
https://archive.ph/tSjT1