The stock of Barnes & Noble Education was hit hard after their fourth quarter earnings report on Wednesday morning, falling over 20 percent to a new all-time low at the end of trading on Thursday, below $8 a share — and still falling further in the first hour on Friday. (The stock was spun-off at around $13.50 a share two years ago, in August 2015.) The unit’s market capitalization has fallen almost in half, starting at just under $650 million when it was split from Barnes & Noble, Inc. and now at under $330 million. (BN’s market cap has rebounded […]
