Company Jan. 30 Feb. 27 % Change
For the second consecutive month, the Publishers Weekly Stock Index performed better than the Dow Jones Industrial Average, with the PWSI falling 2.6% in February compared to the 11.7% plunge for the Dow. Stock prices rose for six PWSI stocks and fell at 10. The stock prices of Amazon and Barnes & Noble, which were both up in January, rose again in February as did the share price of Borders, although Borders's stock remains below $1 (the NYSE has temporarily suspended its requirement that stocks trade above $1 or face delisting). CBS's stock price continues to be in free fall, down 25.3% in February after falling 30% in January. The stocks of printers Donnelley and Courier also had large drops last month.
Source: Reed Business Information
Winners
Borders Group 0.44 0.55 25.0%
Amazon 58.82 64.79 10.1
Barnes & Noble 16.42 17.94 9.3
Books-A-Million 2.34 2.55 9.0
Franklin Elec. Pub. 0.88 0.90 2.3
Losers
CBS 5.72 4.27 -25.3
R.R. Donnelley 9.76 7.79 -20.2
Courier Corp. 15.71 13.62 -13.3
John Wiley 35.43 31.39 -11.4
McGraw-Hill Cos. 27.51 25.86 -10.3
Publishers Weekly
Stock Index 252.06 245.54 -2.6
Dow Jones Aver. 8,000.06 7,062.54 -11.7