Company May 31 June 30 % Change
With 11 winners and 10 losers, the Publishers Weekly Stock Index was virtually flat in June, rising less than one-tenth of a percentage point in the month. The Dow Jones Industrial Average also had little movement, down only 0.2%. One trend that carried into June from May was the bookstore chains' stock performance. For the second consecutive month, Books-A-Million posted a solid increase in its stock price, while the share prices of Borders and Barnes & Noble declined. Between May 1 and June 30, BAM's stock price rose 24.0% compared to a 21.8% decline for Borders and a 19.1% drop for B&N.
Source: Reed Business Information
Winners
Books-A-Million 14.90 16.68 11.9%
Amazon.com 34.61 38.68 11.8
Courier Corp. 38.18 40.02 4.8
Marvel 19.10 20.00 4.7
CBS 25.90 27.01 4.3
Losers
Borders Group 20.76 18.46 -11.1
Banta 49.46 46.33 -6.3
John Wiley & Sons 34.83 33.20 -4.7
Barnes & Noble 38.18 36.50 -4.4
McGraw-Hill Cos. 51.60 50.23 -2.6
Publishers Weekly
Stock Index 483.71 484.00 0.05%
Dow Jones Average 11,168.31 11,150.22 -0.2