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June 24, 2010By Michael Cader

Book Retail Stocks Continue Slide

June 24, 2010By Michael Cader

With continuing uncertainty about the economy and the rise of ebooks, some bookselling-related stocks are experiencing a rough ride. Yesterday and again today Barnes & Noble’s shares have flirted with their lowest levels in a year, and the stock is down approximately five percent this morning. With a market cap down to a little over $900 million, the bookseller’s dividend now provides a yield of over 6 percent. Amazon has suffered recently as well, at about $117.75 well down from their recent high of $150 a share in April though still at relatively high levels for the company. Books-A-Million is […]

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Filed Under: Finance

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