Industry Stocks: April Performances
by Staff -- Publishers Weekly, 5/9/2005
Company
March 31
April 29
% CHANGE
Winners
R. R. Donnelley
31.62
32.91
4.1%
Barnes & Noble
34.49
35.60
3.2
John Wiley & Sons
35.25
36.16
2.6
Thomas Nelson
23.65
23.98
1.4
Losers
Advanced Marketing Svc.
6.00
4.52
-24.7%
Books-A-Million
8.91
7.52
-15.6
LeapFrog
11.35
10.01
-11.8
Borders Group
26.62
24.19
-9.1
Courier Corp.
52.44
48.78
-7.0
Reed Plc
41.62
39.17-
5.9
Publishers Weekly
Stock Index
558.06
541.50
-3.0%
Dow Jones Average
10,503.76
10,192.51
-3.0%
April was a cruel month for the Publishers Weekly Stock Index and the Dow Jones Industrial Average, with both falling 3%. Losers outnumbered winners on the PWSI by 17 to five. The biggest loser in April, for the second month in a row, was Advanced Marketing Services, whose stock price tumbled 24.7%. The company was delisted from the New York Stock Exchange April 19 after the NYSE refused to grant the company a further extension to file its delayed annual report for fiscal 2004. Books-A-Million's price declined 15.6% in April, due in part to a downgrade on the stock from Sun Trust Robinson Humphrey, one of the few investment firms that follows the company. Borders Group stock ended the month down 9.1%; the company announced April 19 that its first-quarter results would fall short of expectations.
