Barnes & Noble Education Inc. (BNED) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Barnes & Noble Education Inc. faces a significant risk as it recently received notification from the NYSE of non-compliance with the minimum share price requirement. The company’s stock has been trading below the requisite $1.00 threshold, prompting concerns over potential delisting. If unable to remedy the situation within the six-month grace period, delisting could ensue, leading to decreased liquidity and marketability of its shares. This development could deter investors and hinder the company’s access to financing, exacerbating its financial challenges.
Overall, Wall Street has a Hold consensus rating on BNED stock based on 2 Holds.
To learn more about Barnes & Noble Education Inc.’s risk factors, click here.
