Industry Stocks: April Performances
by Staff -- Publishers Weekly, 5/5/2003
| Company | March 31 | April 30 | % Change |
| Winners | |||
| Reader's Digest | 10.21 | 12.00 | 17.5% |
| LeapFrog | 23.84 | 26.70 | 12.0 |
| Reed plc | 29.00 | 32.30 | 11.3 |
| Amazon.com | 26.03 | 28.69 | 10.2 |
| R.R. Donnelley | 18.32 | 20.16 | 10.0 |
| Borders Group | 14.70 | 16.00 | 8.8 |
| Pearson | 7.80 | 8.49 | 8.8 |
| Losers | |||
| Books-A-Million | 2.23 | 2.05 | -8.0% |
| Hastings Entertainment | 4.10 | 4.04 | -1.5 |
| Publishers Weekly | |||
| Stock Index | 374.47 | 398.71 | 6.4% |
| Dow Jones Average | 7,992.13 | 8,480.09 | 6.1% |
| April was the kindest month for stocks in quite some time as both the Publishers Weekly Stock Index and the Dow Jones Industrial Average posted gains of just over 6%. On the PWSI, the stock prices of 18 companies rose and only four fell. Reader's Digest, whose stock has been battered for the last several months, posted the biggest gain in April as investors overlooked a weak third quarter performance to concentrate on the publisher's more encouraging longterm prospects. Strong quarterly results helped to lift LeapFrog's stock by 12% and Amazon.com's stock price by 10.2%. Restatement of its financial performance over the last four years plus mixed annual results dropped MediaBay's stock price by 16.5%, to 71 cents, two cents above its 52-week low. Source: Reed business Information | |||
Talkback
Related Content
Related Content
PW PARTNERS
