Book retailer
Books-A-Million Inc. (Nasdaq:
BAMM) is off 8% today after falling to a 52-week low on above-average trading volume. The Birmingham, Ala.-based retailer fell to $5.27 early in the trading day, but it has rebounded some to trade at $5.65 at
3:11 p.m. ET, down $0.51 from Thursday’s close. Competitor book retailer
Borders Group Inc. (NYSE:
BGP) also fell to a low for the year after shedding 10% to $4.10 at
3:11 p.m. ET in today’s trading. Both companies are down more than 50% since January as the economy remains weak and consumer spending has dropped.
For detailed price information and recent news stories about Books-A-Million Inc., click BAMM. For information on Borders Group Inc., click BGP.
