![]() ![]() ![]() In the can't win department, a Credit Suisse analyst downgraded Barnes & Noble, saying that "the shift to digital from physical books will ultimately hurt traditional brick-and-mortar book sellers," the Associated Press said. In mid-2006, the stock traded at about $30, its lowest level since the dot-com bust." "The bullishness is a turnabout from 20, when Wall Street criticized Amazon for spending heavily on free shipping offers and digital initiatives such as Web services. At least five brokerage houses upgraded the stock, according to the Wall Street Journal. ![]() Wall Street liked Amazon's third-quarter results: on Friday the e-tailer's stock closed up 25% at $118.49, a record high (accounting for stock splits), on volume of 58.3 million shares compared to a recent daily average of 7.5 million shares. ![]()
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