Barnes & Noble Education, Inc. (BNED, Financial) experienced a significant stock movement with a decline of 5.28%. The stock is trading at $10.58 per share with a trading volume of approximately 338,464 shares, a turnover rate of 1.24%, and a volatility of 7.79%.
According to the latest financial report, Barnes & Noble Education reported revenue of $263 million, a net loss of $99.48 million, and a loss per share of $7.36. The gross profit stood at $34.15 million, with a negative price-to-earnings ratio of 0.88. Currently, no institutions have issued "buy," "hold," or "sell" ratings for the stock.
Within the retail industry, where Barnes & Noble Education operates, the overall sector saw an increase of 0.85%. Other notable performers in the industry include Nuvve Holding Corp. and Zooz Power Ltd., with significant gains, while stocks like Evgo Inc. and Tokyo Lifestyle Co Ltd showed active trading with high turnover rates.
Barnes & Noble Education specializes in managing university campus bookstores in the U.S. and provides digital educational services. It operates through three segments: retail, wholesale, and digital student solutions, with the retail segment contributing the most revenue.
