Shares of BIDZ.com, Inc. (BIDZ) have been climbing steadily through Monday morning trading following the company's announcement that it has recently purchased a large lot of finished jewelry in the bankruptcy auction of LID Ltd. It will be auctioning off the jewelry soon.
The stock is currently at $13.34 up $1.09 from Friday.
The advance has built on some recent gains to reach its highest level since November.
The lot was purchased below cost for $24 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.