Industry Stocks: July Performances

Company June 30 July 31 % Change
With the Dow Jones Industrial Average up 8.6% in July, 13 of the 16 companies on the Publishers Weekly Stock Index posted increases in their stock price last month, and the PWSI rose 5.8%. Although it was the big winner in July, Books-A-Million’s stock price fell back in the last week of the month after reaching a 52-week high of $11.76 on July 27. Scholastic’s stock price received a good bounce after it released its year-end/fourth-quarter results late in the month, as did Pearson following the release of its six-month results. Amazon’s stock price, while still rising in July, fell nearly 8% July 24, the day after it announced a mixed second-quarter performance that included no growth in its North America media group. Investors were not impressed by Reed Elsevier’s six-month results, dropping Reed’s share price over 12% when the first-half figures were announced on July 30.
Source: Reed Business Information
Winners
Books-A-Million 7.11 9.27 30.3%
R.R. Donnelley 11.62 13.90 19.6
CBS 6.92 8.19 18.3
Pearson 10.11 11.59 14.6
Scholastic 19.79 22.55 13.9
Barnes & Noble 20.63 23.03 11.6
Marvel Ent. 35.59 39.56 11.1
Losers
Reed Elsevier 29.81 28.34 -4.9
John Wiley 33.25 31.89 -4.1
Educational Dev. Corp. 5.10 5.00 -2.0
Publishers Weekly
Stock Index 319.27 337.75 5.8
Dow Jones Aver. 8,447.00 9,171.61 8.6