Barnes & Noble Education (BNED) has experienced a significant surge in its stock price, rising by over 92.6% to $1.04, driven largely by social media and Reddit mentions. The stock's rise, up 85%, has been accompanied by a substantial increase in short volume, which jumped by 945% from 6,894,295 on May 20 to 72,077,734 on May 21. This has led to a short squeeze, with the price of June $0.50 call options increasing from $0.15 to $0.80, a 500% increase. Despite the surge, some investors are concerned about potential dilution, as those selling shares have the right to vote for a dilution at $0.05 in two weeks. The market cap of BNED remains below $30 million, and the stock has become a focal point of speculative trading. Trading was halted for volatility.