COMPANY June 30 July 31 % CHANGE
With the stock prices of 11 of the 16 companies listed on the Publishers Weekly Stock Index falling in the month, the PWSI declined 2.4% in July, nearly identical to the 2.1% dip in the Dow Jones Industrial Average. Book retailers, with the exception of Hastings, continued to lose favor with Wall Street as Books-A-Million and Borders had the largest decline among industry stocks. Disappointing quarterly reports contributed to the drop at CBS and Courier, while Amazon's solid second quarter figures provided a boost to its stock price. Marvel remained in the good graces of investors thanks mainly to the prospects of its film division.
Source: Reed Business Information
Winners
Marvel Ent. 32.14 34.70 8.0%
Hastings Ent. 8.01 8.51 6.2
Pearson 12.25 12.82 4.6
Amazon 73.33 76.34 4.1
John Wiley 45.03 45.34 0.6
Losers
Books-A-Million 7.66 6.10 -20.4
Borders Group 6.00 4.90 -18.3
CBS 19.49 16.36 -16.1
Courier Corp. 20.08 16.98 -15.4
R.R. Donnelley 29.69 26.70 -10.1
Publishers Weekly
Stock Index 400.20 390.47 -2.4
Dow Jones Aver. 11,350.01 11,326.32 -2.1