A Bucks County businessman is one of many who are looking to continue working with one of the most well-known businesses in the country. Caitlin McCabe and Gunjan Banerji wrote about the local businessman in The Wall Street Journal.

While many institutional traders are staying away from Bed Bath & Beyond, many individual traders, like Langhorne real-estate agent Mike Doyle, are undeterred in their support for the company and believe it will recover.

The company recently warded off bankruptcy with a Hudson Bay-led rescue package that provided it with $225 million upfront as well as up to $800 million over time.

Despite this, Doyle, of Mike Doyle Group, has continued to buy more shares and decided against selling any time soon.

“With Bed Bath & Beyond, I just saw something different with their bankruptcy,” he said. “It didn’t scare me – it kind of excited me.”

Doyle, who said he had never traded before meme stocks entered the picture in 2021, currently has around 220 shares of Bed Bath & Beyond.

“I didn’t grow up wealthy, and I’m probably going to die not wealthy, but the fact that I was able to put up a little bit of a fight [against bearish professional investors] …that’s exciting,” he added.

Read more about Mike Doyle in The Wall Street Journal.

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