Barnes & Noble shares tank on mounting losses

Posted online September 10, 2015 | 11:28 am

Investors dumped shares of Barnes & Noble Wednesday after the bookseller said its fiscal first-quarter loss widened to $34.9 million amid slumping sales of books and digital content.

The New York retailer announced quarterly sales dipped 1.5 percent to $1.2 billion.

The company's shares fell 28 percent to end the day at $11.80.

Read more from USA Today.

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