Kailey's Market Movers

The video discusses the significant drop in Bed Bath & Beyond's stock due to Ryan Cohen selling his stake, impacting meme stocks like GameStop and AMC. The crypto market is also down, with Bitcoin and Coinbase experiencing declines. Earnings reports from companies like Deere and Applied Materials are highlighted, showing mixed results amid inflation and supply chain issues.

What was the primary reason for the plunge in Bed Bath & Beyond's stock?

• A major product recall was issued.

• Ryan Cohen sold his entire stake.

• The company announced a merger.

• A new competitor entered the market.

Which other stocks were affected by the decline in meme stock trade?

• Netflix and Disney

• Tesla and Apple

• GameStop and AMC

• Microsoft and Amazon

What was the percentage drop in Bitcoin mentioned in the transcript?

• 5%

• 12%

• 8%

• 10%

What factor contributed to Deere's lowered profit outlook?

• Increased competition

• Inflation and supply chain issues

• New government regulations

• Decline in consumer demand

Despite better than expected revenue guidance, why did Applied Materials' stock not gain?

• A key executive resigned.

• They announced a new product line.

• A major lawsuit was filed against the company.

• The overall market was down.