Katie O'Brien
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Katie O'Brien in Senior Content Editor,

​Barnes & Noble Sees Gains After New Investment

Barnes & Noble (NYSE: BKS) stocks are saw gains Monday, according to The Street. The company announced investment plans in Flashnotes Inc., a study materials company when the stock rose more than 1 percent to $24.97 per share.

"One of the key objectives of the planned separation of Barnes & Noble Education, comprising the Barnes & Noble College business, from Barnes & Noble Inc., is to pursue strategic opportunities in the growing educational services markets, and our investment in Flashnotes.com is consistent with that objective," Barnes & Noble Education CEO Max Roberts said in a statement, according to The Street.