Josh Arnold
Long/short equity

Books-A-Million Still Struggling... And It's Getting Worse

Introduction

Shares of embattled retailer Books-A-Million (NASDAQ:BAMM) have had quite the interesting history. Once a profitable bookseller, shares have languished in penny stock territory for years now following its fall from grace. Along with competitor Barnes & Noble (NYSE:BKS) and now-defunct Borders, BAMM has fallen victim to an old world business model that simply can't compete with the Amazons (NASDAQ:AMZN) of the world. With shares trading at ~$2, is there anything left for shareholders or should investors run for the exits like so many former BAMM customers have done in the past? In this article, we'll take a look at BAMM and see if there is anything worth getting excited about or if BAMM...

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