Takeover Rumors Push B&N Stock Up 16.5%

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Takeover Rumors Push B&N Stock Up 16.5%

Sep 11 2018

The Barnes & Noble roller-coaster ride continued last Friday, when the company's stock, which had dropped 8% the day before after another disappointing quarterly report, jumped 16.5%, to $5.30, on more than triple the usual volume. The cause: several pieces of news that suggested the company could be the subject of a takeover offer.

Source: Shelf Awareness

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