The Traderszone Network

Published in TZ Latest News 30 June, 2021 by The TZ Newswire Staff

Why Barnes & Noble Education Stock Tanked 20% at the Open Today

Shares of Barnes & Noble Education (NYSE: BNED) fell as much as 20% in early trading on June 30. At around noon EDT, shares were down about 18%, unable to work back much from the initial price drop. The retailer, which operates bookstores on behalf of schools, reported fiscal fourth-quarter 2021 earnings after the close of trading on June 29 and investors clearly didn’t like what they saw.

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