Barnes & Noble Education, Inc (BNED, Financial) experienced a notable 5.03% increase in its stock price, reaching $9.57 per share. The trading volume was 156,474 shares, resulting in a turnover rate of 0.60% and a price fluctuation of 4.94%.
Recent financial reports indicate that Barnes & Noble Education reported revenue of $263 million, but suffered a net loss of $99.48 million, translating to an earnings per share of -$7.36. The gross profit stood at $34.15 million, with a price-to-earnings ratio of -0.79. All participating analysts currently rate the stock as a hold, with no recommendations for buying or selling.
In the retail sector, where Barnes & Noble Education operates, there was an overall decline of 0.20%. Other significant performers included Evgo Inc and Jbdi Holdings Limited. These stocks saw considerable activity, with turnover rates of 101.13% and 46.32% respectively. Evgo Inc also recorded a notable price fluctuation of 76.83%.
Barnes & Noble Education is known for managing university campus bookstores in the U.S. and offering digital education services. Its primary revenue source is its retail segment.
