Industry Stocks: March Performances

Company February 28 march 31 % Change
Although winners outnumbered losers by a slim 12 to 10 in March, the Publishers Weekly Stock Index slipped 0.5% in the month. The biggest loser in the month was Advanced Marketing Services, whose stock price fell 18.4%. The company's most extensive financial report released in nearly two years showed a decline in sales and a big loss for fiscal 2005, and the prospect for a sales decline in fiscal 2006 (see p 7). A weak earnings report (page 12) hurt the stock price of Hastings Entertainment, which had a 8.6% decline in its stock price in March. Audible's stock slid for a second consecutive month, following its announcement that earnings for the year would be down. On the plus side, Marvel's stock rose 13.5% in March, helped by stronger than expected earnings in the fourth quarter.
Source: Reed Business Information
Winners
Marvel 17.62 20.00 13.5%
Leapfrog 10.50 11.35 8.1
Thomas Nelson 21.90 23.65 8.0
Scholastic 35.48 36.89 4.0
Reed, plc 40.25 41.62 3.4
Losers
Advanced Marketing Svc. 7.35 6.00 -18.4
Hastings Entertainment 7.30 6.67 -8.6
Audible 14.66 13.52 -7.8
McGraw Hill Cos. 91.85 87.25 -5.0
R.R. Donnelley 33.21 31.62 -4.8
Publishers Weekly
Stock Index 561.43 558.06 -0.5%
Dow Jones Average 10,766.23 10,503.76 -2.4%