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% |