That business is growing as consumers increasingly shift to reading e-books. The stock lost nearly a fifth of its value.īarnes & Noble has been investing heavily in electronic books and its Nook e-book readers as it faces tough competition from online retailers and discount stores. Investors fled as the company also forecast a much bigger loss for the year than originally expected. NEW YORK - Barnes & Noble is considering options for its quickly growing but expensive Nook e-book reading business, its latest attempt to regain profitability as the publishing industry adapts to the rising popularity of digital books and magazines.
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