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Barnes & Noble Education rings NYSE opening bell

Barnes & Noble Education celebrated its spinoff from its bookseller parent on Monday by ringing the opening bell at the New York Stock Exchange.

The education-focused arm of the retailer announced plans to separate from the company's retail and online stores and Nook business earlier this summer.

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Barnes & Noble Education will trade on the NYSE under the ticker BNED.

The company has 724 stores on college campuses, selling textbooks and digital educational content, according to a Barnes & Noble press release in July.

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Barnes & Noble said its retail CEO, Michael Huseby, will be Barnes & Noble Education's executive chairman and Sears Canada President and CEO Ronald D. Boire will be CEO.