Yesterday, the ailing bookseller’s stock fell almost 28% as stockholders rushed to dump their shares. The selloff was in response to Barnes and Noble’s report of a projected 1.7% decline in fiscal 2016 first quarter sales, through August 1st. The bad news notwithstanding, there are some glimmers of hope. “‘Core’ Nook-free sales inched up 1 percent, and...
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Published on September 10, 2015 06:45