Industry Stocks: July Performances
Company | June 30 | July 29 | % Change |
With winners outnumbering losers by a two-to-one ratio, the Publishers Weekly Stock Index rose 4.7% in July, beating the 3.6% gain posted by the Dow Jones Industrial Average. Amazon.com, which had a strong second quarter and a bullish outlook for the third quarter, led the gains in July with its stock price jumping 36.4%. John Wiley's stock benefited from the announcement of a stock buyback program. Gains in the first half of 2005 at Reed Elsevier (parent company of PW) did not impress investors and contributed to a 4.7% decline in its stock price last month. Also in July, B&N chairman Len Riggio spent about $15.3 million to buy 380,600 shares of the chain's stock, putting his holdings at 12.6 million shares. Source: Reed Business Information | |||
Winners | |||
Amazon.com | 33.09 | 45.15 | 36.4% |
Leap Frog | 11.30 | 12.47 | 10.4 |
Advanced Marketing Svcs. | 5.00 | 5.45 | 9.0 |
John Wiley & Sons | 39.73 | 42.85 | 7.8 |
Hastings Entertainment | 5.93 | 6.36 | 7.2 |
Losers | |||
Reed Elsevier plc | 38.72 | 36.90 | -4.7% |
Scholastic | 38.55 | 36.97 | -4.1 |
Borders Group | 25.31 | 24.69 | -2.4 |
Marvel | 19.72 | 19.39 | -1.7 |
Publishers Weekly | |||
Stock Index | 510.87 | 534.87 | 4.7% |
Dow Jones Average | 10,274.97 | 10,640.91 | 3.6% |