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Industry Stocks: June Performances

by Staff -- Publishers Weekly, 7/7/2003

CompanyMay 30June 30 % Change
Winners
Franklin Electronic Publishers3.354.0020.0%
Advanced Marketing Services11.2013.0016.1
Leapfrog28.9331.81 10.0
Thomas Nelson11.6012.507.8
Borders Group16.4517.617.1
Losers
Banta34.2732.37-5.5%
Scholastic31.1329.78 -4.3
Barnes & Noble23.8023.05-3.1
McGraw-Hill63.2162.00-1.9
Reed plc34.3533.69-1.9
Publishers Weekly
Stock Index435.35443.992.0%
Dow Jones Average8,850.268,985.441.5%
It was another winning month for the Publishers Weekly Stock Index, although the 2% increase in June was well below the 9.2% posted in May. Fifteen companies had a stock increase in the month while prices fell at seven companies, and the PWSI once again outperformed the Dow Jones Industrial Average, which had a 1.5% increase. Franklin Electronic Publishers, which made a series of deals in June, saw its stock price rise 20%, to $4 per share, the minimum amount necessary to appear on the PWSI. Two other stocks that had strong months, but whose stock price remains below $4, were Barnes & Noble.com, whose stock price jumped 62%, to $2.35 per share, and Books-A-Million, whose shares rose 17%, to $2.77. Banta had the largest decline in price in the month, 5.5%, while Scholastic's stock, the success of Harry Potter notwithstanding, fell 4.3%.

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