Company Jan. 31 Feb. 28 % Change
Companies on the PWSI weathered last Tuesday's market plunge remarkably well, with the Index slipping only 0.1% for the month of February. Stock prices fell at nine companies and rose at eight. Audible had the largest gain in February after it reported a better-than-expected fourth quarter and optimistic results for 2007. Hastings' stock price rebounded in February following a steep drop in January that was due in part to a reduced earnings outlook for the recently concluded fiscal year. Books-A-Million, whose stock price had been slipping all February, dropped 10% last Tuesday and finished down 16.4% for the month.
Source: Reed Business Information
Winners
Audible 7.15 9.53 33.3%
Hastings Entertainment 5.90 6.51 10.3
Barnes & Noble 38.93 40.86 5.0
Amazon.com 37.67 39.14 3.9
John Wiley 37.16 38.51 3.6
Losers
Books-A-Million 19.10 15.96 -16.4
Courier Corp. 39.76 38.20 -3.9
McGraw-Hill Cos. 67.08 64.56 -3.7
CBS 31.16 30.37 -2.5
R.R. Donnelley 37.10 36.18 -2.5
Publishers Weekly
Stock Index 476.68 476.05 -0.1%
Dow Jones Average 12,621.69 12,268.63 -2.8