Barnes & Noble Education, Inc. (BNED): A Bull Case Theory

We came across a bullish thesis on Barnes & Noble Education, Inc. (BNED) on Substack by Catapult Capital. In this article, we will summarize the bulls’ thesis on BNED. Barnes & Noble Education, Inc. (BNED)'s share was trading at $9.73 as of March 17^th.

[caption id="attachment_1217786" align="aligncenter" width="768"] An aerial view of a well-stocked bookstore, with customers browsing inside.[/caption]

Barnes & Noble Education (BNED) is the independent university bookstore division of Barnes & Noble, spun off in 2015. Initially seen as a more stable business compared to mainstream...