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Monday, Aug 26
Speculation about Barnes & Noble dividend helps to lift shares
- Shares of Barnes & Noble (BKS +2.8%) trade higher after Barron's Andrew Barry writes that an annual dividend and/or buyback from the company seems likely in the coming year.
- It's not a price jump that impresses Paul La Monica as he tags the movement the "#StupidStock Move of the Day."
- The lift was just enough to get BKS back over $20 where it has met resistance.