Bed Bath & Beyond stock drops more than 15% after Ryan Cohen plans to unload huge stake

Bed Bath & Beyond Inc. shares fell more than 15% in the extended session Wednesday after GameStop Corp. Chairman Ryan Cohen disclosed he’s planning to sell his big stake in the company just months after he bought it.

Bed Bath & Beyond
BBBY,
+11.77%

shares were last down 17% after hours, following an 11.8% rally in the regular session to close at $23.08.

Source: https://www.marketwatch.com/story/bed-bath-beyond-stock-drops-more-than-15-after-cohen-plans-to-unload-huge-stake-11660771604?siteid=yhoof2&yptr=yahoo