- Barnes & Noble (NYSE:BKS) is up 7.0% to help take some of the sting out of yesterday's brutal post-earnings drubbing.
- Analysts note the ongoing losses at B&N puts the pressure on management to determine if more stores closures are needed and to come up with a "coherent" digital strategy.
- Shares of Barnes & Noble, which traded over $29 in July, sunk to as low as $11.45 yesterday on a large volume spike.