Bed Bath & Beyond Inc. shares soared another 67% on Tuesday and have more than tripled in the past week, defying recent analysts’ warnings over the retailer’s exaggerated valuation given its shrinking liquidity.

The stock of the home-goods company changed hands at as high as $28.04 a share in late-morning trading, surging from $8.88 on Aug. 9.

This post first appeared on wsj.com

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