Barnes & Noble (BKS) Shares Reverse Intraday Decline After Marking 15-Year Low; Stock Up 7%
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Shares of Barnes & Noble (NYSE: BKS) are now trading sharply higher after hitting a 15-year low early Tuesday morning.
The stock last traded at $9.40, up more than 7 percent from Monday's closing price.
Shares had fallen to as low as $8.45 earlier, down about 3.6 percent for the session.
Notably, most of Tuesday's upside came in just the last hour of trading (since 1pm ET).
We are not hearing any company-specific news which would justify Tuesday's strong reversal.
The stock last traded at $9.40, up more than 7 percent from Monday's closing price.
Shares had fallen to as low as $8.45 earlier, down about 3.6 percent for the session.
Notably, most of Tuesday's upside came in just the last hour of trading (since 1pm ET).
We are not hearing any company-specific news which would justify Tuesday's strong reversal.
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