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Barnes & Noble Inc. (BKS) Surged On Reports Of Jana Partners Stake

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4/24/2012 7:11 AM ET

Barnes & Noble Inc. (BKS: Quote) rose steadily during the first hour of trade Monday and extended its gains late in the afternoon. The stock ended the session higher by 2.07 at $13.41 on above average volume.

Barnes & Noble surged to a 3-week high Monday and re-crossed its 50-day moving average. There were several reports that Jana Partners had acquired a stake in the company.

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by RTT Staff Writer

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