Diamonds and Dogs

10/2/20

Turnaround underway at Bed Bath & Beyond (BBBY). The stock is up 10% following earnings yesterday and an upgrade today with a $23 price target. Home design, home goods, and home improvement space are experiencing high demand from consumers who are spending more time in their houses due to the pandemic.

Covid-19 issues at Amazon. Amazon (AMZN) is down 2% after disclosing 19,816 workers, which is 1.44% of the total work force have contracted Covid-19 since March. Despite being pressed, Amazon has been resistant to release this data. It took the joint effort of its warehouse workers, who claimed that the company didn't grant them sufficient protection from the pandemic, for Amazon to finally publish the figures

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