Barnes & Noble’s stock was trading 28 cents down from Friday’s close at 10:40 Monday morning, a loss of more than 5%. On Friday, the stock had risen 75 cents a share, a gain of almost 16.5 percent, on investor Richard Schottenfeld’s expansive declaration of his hopes for a sale of the company in a recent SEC filing, per our report Friday morning. But the company pushed back on those wishes, as well the implication that Schottenfeld had discussed a possible sale with company chairman Len Riggio. A spokesperson declared, “Barnes & Noble is not engaged in a process to sell the […]
