Industry Stocks: June Performances
Staff -- Publishers Weekly, 7/5/2004
The Publishers Weekly Stock Index rose 3.7% in June as the stock price of 15 companies rose, while prices fell at only six. The 3.7% gain bettered the increase of the Dow Jones Industrial Average, which rose 2.4% in June. Hastings Entertainment, which increased its earnings forecast for the year following a strong first quarter, had the biggest gain in the month with its stock price up 18.1%. Perhaps sensing the worst news is behind it, investors drove up the stock price of Advanced Marketing Services for the second month in a row, with the company's share price increasing 16.6%. My Life may not have lifted sales for other books in June, but it helped to boost Barnes & Noble's stock price by 13.5% in the month.
| COMPANY | MAY 28 | JUNE 30 | % CHANGE |
| WINNERS | |||
| Hastings Entertainment | 7.78 | 9.19 | 18.1% |
| Advanced Marketing Srvc. | 11.07 | 12.91 | 16.6 |
| Barnes & Noble | 29.94 | 33.98 | 13.5 |
| Amazon.com | 48.50 | 54.40 | 12.2 |
| R.R. Donnelley | 30.26 | 33.02 | 9.1 |
| LOSERS | |||
| LeapFrog | 21.37 | 19.89 | -6.9% |
| Marvel | 20.30 | 19.52 | -3.8 |
| Thomas Nelson | 23.42 | 22.74 | -2.9 |
| McGraw-Hill Cos. | 77.92 | 76.57 | -1.7 |
| Books-A-Million | 5.99 | 5.91 | -1.3 |
| PUBLISHERS WEEKLY | |||
| Stock Index | 523.76 | 543.20 | 3.7% |
| Dow Jones Average | 10,188.45 | 10,435.48 | 2.4% |
| Source: Reed Business Information |
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