{"id":31276,"date":"2012-09-13T00:05:16","date_gmt":"2012-09-13T04:05:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31276"},"modified":"2012-09-12T23:06:47","modified_gmt":"2012-09-13T03:06:47","slug":"hedge-fund-makes-quick-work-of-barnes-noble-stake","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/hedge-fund-makes-quick-work-of-barnes-noble-stake.html","title":{"rendered":"Hedge Fund Makes Quick Work Of Barnes &#038; Noble Stake"},"content":{"rendered":"<p>Forbes &#8211; Activist hedge fund Jana Partners in August sold the remainder of its stake in Barnes &amp;\u00a0Noble, after amassing a 12% position in the stock, new SEC filings show.<\/p>\n<p>The investment by the fund, which is led by one-time billionaire Barry Rosenstein, proved well-timed. Less than two weeks after Jana disclosed its stake\u2014some 7 million shares\u2014Barnes &amp; Noble stock jumped 52% in one day, driven by news that\u00a0Microsoft\u00a0would invest in the company\u2019s e-book division and Nook tablet. The stock ended April 30 at $20.75, far above the time period earlier this year when Jana built its position.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/abrambrown\/2012\/09\/12\/hedge-fund-makes-quick-exit-profit-from-barnes-noble\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; Activist hedge fund Jana Partners in August sold the remainder of its stake in Barnes &amp;\u00a0Noble, after amassing a 12% position in the stock, new SEC filings show. The investment by the fund, which is led by one-time [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-31276","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=31276"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31276\/revisions"}],"predecessor-version":[{"id":31277,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31276\/revisions\/31277"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}