Bed Bath & Beyond Tumbles Amid Mounting Bankruptcy Fears (3)

Bed Bath & Beyond Inc. tumbled Thursday, snapping a blistering three-day rally, as speculation grows that the embattled retailer will soon file for bankruptcy.

Shares fell 35% after surging by about 95% over the past three days. The Wall Street Journal reported that the retailer is preparing a bankruptcy filing for as soon as this weekend, following an earlier Bloomberg News report that the company was holding talks with advisers and lenders ahead of a possible Chapter 11 filing.

Bed Bath & Beyond is also looking at financing options to help fund itself during bankruptcy, according to people familiar with ...