Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shareholders of book and online-content company Barnes & Noble
So what: Yucaipa Holdings' Ron Burkle noted in a statement filed with the Securities and Exchange Commission today that it would "distribute in-kind the shares of [the company's] common stock." Although Barnes & Noble doesn't allow any one holder to attain more than 20% of its common stock, Yucaipa's sale, as one of its largest shareholders, is bound to drag down the company's stock price.
Now what: The big news came earlier in May, when Microsoft
Craving more input? Start by adding Barnes & Noble to your free and personalized Watchlist so you can keep up on the latest news with the company.
Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong. The Motley Fool owns shares of Microsoft and Amazon.com. Motley Fool newsletter services have recommended buying shares of Microsoft and Amazon.com, as well as creating a bull call spread position in Microsoft and writing puts on Barnes & Noble. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.