Industry Stocks: February Performances
by Staff -- Publishers Weekly, 3/6/2006
Company
Jan .31
Feb. 28
% Change
Winners
Thomas Nelson
25.70
29.25
13.8%
Marvel
16.65
18.52
11.2
Advanced Mktg. Svcs.
3.75
4.00
6.6
McGraw-Hill
51.04
53.93
5.7
R. R. Donnelley
32.60
33.66
3.2
Losers
Amazon.com
44.82
37.44
-16.5%
Audible
10.96
10.13
-7.5
CBS
26.20
24.47
-7.1
Reed Elsevier plc
38.10
36.05
-5.4
Banta
51.12
48.71
-4.7
Publishers Weekly
Stock Index
533.81
527.68
-1.1%
Dow Jones Average
10,864.86
10,993.41
1.2%
The Publishers Weekly Stock Index slipped 1.1% in February as the stock prices of 13 companies dropped in the month, while rising at nine. Amazon.com had the largest decline in February, falling 16.5%. The e-tailer's stock declined steadily throughout the month as investors continued to worry about Amazon's thin margins. Audible's stock, which fell 14.6% in January, fell again in February due in part to the company's inability to give a forecast on how the year will play out. Thomas Nelson was the big winner last month, rising 13.8% on the strength of the buyout offer from InterMedia Partners. An encouraging financial report from Marvel earned an upgrade from JP Morgan, helping to move the stock ahead 11.2%.
Source: Reed Business Information
