Barnes & Noble (BKS) Bounces Off Lows
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Barnes & Noble, Inc. (NYSE: BKS) has bounced off lows of the day, following a three-day slide after a less than inspiring third quarter report, which included news that the company would be suspending their dividend to conserve cash.
A 7,300 share block trade has change the tides for BKS, at least for the time being. The trade sent shares through the $13.70 price level.
The stock is still 15% above a 52-week low of $11.89.
A 7,300 share block trade has change the tides for BKS, at least for the time being. The trade sent shares through the $13.70 price level.
The stock is still 15% above a 52-week low of $11.89.
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