Meme stocks see big sell-offs as GameStop plummets and Bed Bath & Beyond craters on plans to raise new funds

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• Shares of Gamestop and AMC plunged in tandem with Bed Bath & Beyond on Tuesday as investors dove out of meme stocks.
• The sell-off was spurred by Bed Bath & Beyond's new fundraising deal to avoid bankruptcy.
• The struggling retailer warned investors it could soon go out of business, sparking major volatility in trading.

Meme stocks are being rocked on Tuesday as Bed Bath & Beyond dives on its new plans to avoid bankruptcy...