Company | Apr. 30 | May 29 | % Change |
May was truly a mixed month for the Publishers Weekly Stock Index with the stock prices rising at eight companies and falling at eight. The overall 1.3% increase for the PWSI was lower than that 4.1% posted by the Dow Jones Industrial Average. The big winner in May was Franklin Electronic Publishers, which jumped 25% even before word of a takeover effort came down June 1, which more than doubled the stock price to over $2 per share last week. Books-A-Million's stock price benefited from a relatively strong first quarter when it reported increases in sales and earnings. Declines in first- quarter results at Borders and Barnes & Noble contributed to a drop in their stock prices in May. After a steady runup for most of the year, Amazon's stock price slipped back in the month. Source: Reed Business Information | |||
Winners | |||
Franklin Elec. Pub. | 0.80 | 1.00 | 25.0% |
Books-A-Million | 5.74 | 7.03 | 22.5 |
R.R. Donnelley | 11.65 | 13.48 | 15.7 |
Hastings Ent. | 3.58 | 4.10 | 14.5 |
Marvel Ent. | 29.84 | 33.18 | 11.2 |
Losers | |||
John Wiley | 33.90 | 31.61 | -6.7 |
Barnes & Noble | 26.12 | 24.71 | -5.4 |
Educational Dev. Corp. | 5.70 | 5.50 | -3.5 |
Amazon | 80.52 | 77.99 | -3.1 |
Borders Group | 2.73 | 2.67 | -2.2 |
Publishers Weekly | |||
Stock Index | 313.14 | 317.21 | 1.3 |
Dow Jones Aver. | 8,168.12 | 8,500.33 | 4.1 |
Industry Stocks: May Performances
Jun 08, 2009
A version of this article appeared in the 06/08/2009 issue of Publishers Weekly under the headline: