Industry Stocks: February Performances
by Staff -- Publishers Weekly, 3/11/2002
| Company | January 31 | February 28 | % Change |
| Winners | |||
| Hastings Entertainment | 5.50 | 6.50 | 18.2% |
| Reed International | 32.46 | 36.60 | 12.8 |
| John Wiley | 22.95 | 25.45 | 10.9 |
| Advanced Marketing Services | 21.40 | 22.80 | 6.5 |
| Banta Corp. | 31.76 | 33.38 | 5.1 |
| Losers | |||
| Borders Group | 24.10 | 21.39 | -11.2% |
| Barnes & Noble | 34.81 | 30.99 | -11.0 |
| Pearson | 11.65 | 11.34 | -2.6 |
| Educational Dev. Corp. | 6.99 | 6.81 | -2.6 |
| Reader's Digest | 21.40 | 20.88 | -2.4 |
| Publishers Weekly | |||
| Stock Index | 429.36 | 434.07 | 1.1% |
| Dow Jones Average | 9,920.00 | 10,106.13 | 1.9% |
| Both the Publishers Weekly Stock Index and the Dow Jones Industrial Average had lackluster performances in February, with gains of 1.1% and 1.9%, respectively. The stock price of 11 companies declined in the month, while prices rose at 10 companies. Hastings Entertainment had the largest gain in February; its stock price was up 18.2%. Reed International, helped by a good fourth quarter, had the second largest gain as its stock price increased 12.8%. Despite reporting a better than expected fourth quarter, Borders Group and Barnes & Noble both saw their stock prices fall by about 11% in the month. Barnesandnoble.com also had a disappointing month; its stock price fell by $1, to finish February at $1.44 per share. Source: Reed Business Information | |||
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