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What: Shares of Barnes & Noble
So what: The company posted a larger-than-expected loss during the fiscal second quarter of $0.22 versus the loss of $0.08 expected by analysts. The company spent heavily to develop the Nook reader, a product the company thinks can be a "massive opportunity."
Now what: As the world transitions away from physical books to e-reader devices, Barnes & Noble is having to contend with the likes of Amazon
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