Barnes & Noble Rebounds as Doubts Emerge About Amazon Stores
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Barnes & Noble Inc. shares soared 14 percent after a shopping-mall executive stepped back from a claim that Amazon.com Inc. is planning to open hundreds of physical bookstores.
The rally sent the stock up $1.02 to $8.35 on Thursday following two days of steep declines -- spurred by concern that Amazon would challenge Barnes & Noble directly on its brick-and-mortar turf.