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June 26, 2013By Michael Cader

BN Shares Fall 17 Percent, Then Recover Slightly

June 26, 2013By Michael Cader

Barnes & Noble stock fell more than 17 percent on Tuesday after their poor earnings report, falling roughly $3.20 a share to close at $15.61. But the stock has bounced back a little this morning, moving back over $16 a share as part of a general market rally. One thing missing from yesterday’s release and investor discussion was any characterization of Nook’s share of the ebook market. In written testimony offered as part of the recently Apple ebook pricing trial, one prosecution expert witness is said to have concluded from retailer-supplied data that in February 2013 that Barnes & Noble’s […]

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Filed Under: Bookstores, Finance

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