Watch Bed Bath Beyond Stock for Extreme Near-Term Volatility After a parabolic rise, shares of Bed Bath Beyond (NASDAQ: BBBY ) tumbled after GameStop (NYSE: GME ) Chairman Ryan Cohen divested all of his stake in Bed Bath Beyond. Also, the company plans to hold a conference call with a “ strategic update ” on Aug. 31. However, this could be a hit-or-miss event and could push BBBY stock higher or lower. Ultimately, there’s too much volatility and uncertainty here for most investors to handle properly. Maybe you’ve heard about the 20-year-old college student who generated $100 million in returns trading Bed Bath Beyond shares. It’s exciting to consider that a non-professional investor could make life-changing money with just one stock. That’s the appeal of trading meme stocks. Yet, the thrilling get-rich-quick stories don’t always reveal the dark side of the meme-stock trade. What goes up fast can come down just as quickly – and if Bed Bath Beyond isn’t a financially sound business, then most investors might choose to watch the action from the sidelines.