COMPANY SEPT. 28 OCT. 31 % CHANGE
The Publishers Weekly Stock Index ended a two-month skid in October, rising 2.4% in the month with stock prices increasing at 10 companies and falling at seven. Borders was the biggest winner in the month due in part to a decision by a major shareholder group to seek representation on the retailer's board. The request increased speculation over what the future may hold for the country's second-largest bookstore chain. On the downside, Amazon's stock price, which had risen steadily all year, fell in October. Despite a big increase in third-quarter sales, investors began worrying again about its margins.
Source: Reed Business Information
Winners
Borders Group 13.33 15.42 15.7%
Scholastic 34.86 39.58 13.5
R.R. Donnelley 36.56 40.29 10.2
Barnes & Noble 35.26 38.64 9.6
Courier Corp. 35.21 37.79 7.3
Losers
CBS 31.50 28.38 -9.9%
Educational Dev. Corp. 6.45 6.10 -5.4
Amazon 93.15 89.15 -4.3
John Wiley 44.93 43.98 -2.1
McGraw-Hill Cos. 50.91 50.23 -1.3
Publishers Weekly
Stock Index 510.02 522.52 2.4%
Dow Jones Aver. 13,895.63 13,930.01 0.2%