Kimberry Pitt
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Still on the Rise for Bed Bath & Beyond

Bed Bath & Beyond Inc. (BBBY) has a strong earning and it send share hit a new intraday high. Today the stock rose over 4%.  Profit rose to $1.16 per share compare with 98 cents per share last year. I think its sale up because of the 30 year mortgage rate fell to 4.32% and this could boost home sales and this will push consumers to buy more home furniture and home products.

I guess it's a plus for Bed Bath & Beyond but if the tapering take place then the mortgage will go up and this could hurt Bed Bath & Beyond business. Bed Bath & Beyond has been bought up a lot of businesses such as Linen Holding LLC to help with its growth.