Barnes & Noble Largest Shareholder Dumps $64 Million in Stock – BKS
April 17, 2014 at 11:02 AM EDT
Shares of Barnes & Noble (BKS) slid as much as 10% to an intraday low of $16.66 in early trading on Thursday, after Leonard Riggio, the company’s founder and largest shareholder, cut his stake in the struggling book retailer to 20% by selling 3.7 million shares worth about $64 million. After the sell off, Riggio […] View the full post at: Barnes & Noble Largest Shareholder Dumps $64 Million in Stock – BKS Related posts: Barnes & Noble Goes on the Offensive with eReader Edgar Online’s Largest Shareholder Dumps Entire Holding Merrill’s Largest Shareholder Sees Value in U.S. Banking Stocks