Barnes & Noble Education(BNED) investorplace.com·2024-05-20 14:46Group 1 - Barnes & Noble Education (NYSE:BNED) stock experienced a significant rally of 126.3% on Friday, followed by a decline of 16.2% on Monday amid heavy trading [1][3] - The decline on Monday saw approximately 12.5 million shares traded, significantly higher than the daily average trading volume of about 3 million shares [3] - Year-to-date, BNED stock is down 76.4%, indicating a substantial decrease in value over the year [3] Group 2 - The rise in BNED stock price was influenced by Greenhaven Road Investment Management's interest in a transaction with the company, holding a 9.9% stake [2] - Greenhaven Road Investment Management previously made an $84.5 million recapitalization offer to Barnes & Noble Education, which was rejected, but the firm appears to be pursuing a deal still [2]