Monday, April 2, 2007

Books-A-Million shares surge on strong earnings

(Reuters) - Shares of the Birmingham, Alabama-based company were up $3.03 to $17.27 in afternoon trade on the Nasdaq, their largest intra-day percentage gain since mid-2005.

On Friday, after the stock market close, Books-A-Million posted a 35 percent rise in quarterly profit, to $15.1 million, or 90 cents a share, from $11.2 million, or 66 cents a share, a year earlier.


Read more at Reuters.com Hot Stocks News

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