Skip to content
Subscriber Only

Barnes & Noble Education Jumps on Report It's Undervalued

Updated on

Barnes & Noble Education Inc., which was spun off from Barnes & Noble Inc. in August, rose 5.4 percent after Barron’s said the college-bookstore chain could be worth twice its current market value.

The chain of about 725 stores has a “near-monopoly” position on the campuses where it operates, Barron’s said. And the Basking Ridge, New Jersey-based company only serves a quarter of U.S. college students, giving it room to grow, the newspaper said.