NEW YORK ( TheStreet) -- Shares of Books-A-Million (Nasdaq: BAMM) have taken a tremendous swing upward. The stock is trading at $2.84 as of 3:25 p.m. ET, 21.4% above Wednesday's closing price of $2.34. Volume is at 197,926, 5.5 times the daily average of 36,000. Books-A-Million has a market cap of $36.2 million and is part of the services sector and specialty retail industry. Shares are down 60.5% year to date as of the close of trading on Wednesday. Books-A-Million, Inc. operates as a book retailer in the southeastern United States. The company operates superstores and traditional bookstores that offer a selection of hardcover and paperback books, magazines, and newspapers. TheStreet Ratings rates Books-A-Million as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Books-A-Million Ratings Report. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center. Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.