Industry Stocks: January Performances
by Staff -- Publishers Weekly, 2/6/2006
Company
Dec. 30
Jan. 31
% Change
Winners
Books-A-Million
9.69
11.45
18.2%
Borders Group
21.67
24.62
13.6
Courier Corp.
34.34
38.67
12.6
Pearson
11.87
13.02
9.7
Scholastic
28.51
30.05
5.4
Losers
Audible
12.84
10.96
-14.6%
Amazon.com
47.15
44.82
-4.9
R. R. Donnelley
34.21
32.60
-4.7
Hasting Entertainment
5.48
5.35
-2.4
Barnes & Noble
42.67
42.42
-0.6
Publishers Weekly
Stock Index
525.12
533.81
4.0%
Dow Jones Average
10,717.50
10,864.86
1.4
Winners outnumber losers by a two-to-one count in January, pushing up the Publishers Weekly Stock Index 4% in the month, compared to a 1.4% increase for the Dow. Better-than-expected holiday sales helped to boost Books-A-Million's stock price 18.2% in the month, the biggest gain of all companies on the PWSI. Speculation that Borders could be for sale, plus healthy holiday sales, gave the retailer's stock price a 13.6% bounce in January. Audible's announcement in early January that it would have a pre-tax loss in 2005 rather than earnings as previously forecast contributed to a 14.6% slide in its stock price in the month, the biggest decline on the PWSI.
Source: Reed Business Information
