A portable, foldable, self-standing A-frame barrier and display panel, preferably made up of a single sheet of corrugated material scored and folded along a number of parallel lines to create multiple upright panel sections. When folded to form the A-frame structure, the device is capable of serving as both an upright barrier and a display board. Two side panel sections meet along an apex edge that preferably incorporates retractable handles. Two base panel half sections are folded so as to have their edges meet in the formation of a base support. Elastic cord assemblies are incorporated into the base sections to draw the sections together and to facilitate retention of the A-frame in an upright configuration. Hook ends on the elastic cord assemblies facilitate retention of the A-frame in position on a flat surface.