What’s Propelling Barnes & Noble Education, Inc. (BNED) to Increase So Much?

The stock of Barnes & Noble Education, Inc. (NYSE:BNED) is a huge mover today! The stock increased 4.81% or $0.14 during the last trading session, reaching $3.05. About 271,258 shares traded. Barnes & Noble Education, Inc. (NYSE:BNED) has declined 37.39% since August 14, 2018 and is downtrending. It has underperformed by 37.39% the S&P500.
The move comes after 9 months positive chart setup for the $145.07 million company. It was reported on Aug, 14 by Barchart.com. We have $3.17 PT which if reached, will make NYSE:BNED worth $5.80M more.

More notable recent Barnes & Noble Education, Inc. (NYSE:BNED) news were published by: Businesswire.com which released: “Portland State University Selects Barnes & Noble Education LoudCloud to Co-Develop Degree Planning Platform – Business Wire” on October 17, 2017, also Marketwatch.com with their article: “5 cheap stocks under $10 even high-rollers might like – MarketWatch” published on February 21, 2019, Businesswire.com published: “Barnes & Noble Education Announces Senior Leadership Changes – Business Wire” on December 18, 2018. More interesting news about Barnes & Noble Education, Inc. (NYSE:BNED) were released by: Fool.com and their article: “Barnes & Noble Education Inc. Aced This Q4 Report – Motley Fool” published on June 22, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For March 5, 2019 – Benzinga” with publication date: March 05, 2019.

Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and private/parochial K-12 schools in the United States. The company has market cap of $145.07 million. The firm operates in two divisions, Barnes & Noble College and MBS Textbook Exchange. It currently has negative earnings. The Barnes & Noble College segment sells and rents course material; offers a suite of digital content, software, and services through its LoudCloud platform, as well as etextbooks; and sells general merchandise, including collegiate and athletic apparel, other custom-branded school spirit products, technology, supplies, and convenience items.

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