Industry Stocks: March Performances
by Staff -- Publishers Weekly, 4/10/2006
Company
Feb. 28
Mar. 31
% Change
Winners
Advanced Mktg. Svs.
4.00
4.65
16.2%
Hastings
6.05
5.29
14.4
Courier Corp.
39.47
44.34
12.3
Pearson
12.45
13.85
11.2
Marvel
18.52
20.12
8.6
Losers
Franklin Electronic Pub.
4.25
3.76
-11.5%
Scholastic
29.42
26.76
-9.0
Reader's Digest
15.19
14.75
-2.9
R.R. Donnelley
33.66
32.72
-2.8
Amazon.com
37.44
36.53
-2.4
Publishers Weekly
Stock Index
527.68
545.18
3.3%
Dow Jones Avg.
10,993.41
11,109.32
1.0%
Helped by four companies whose stock price rose by more than 10% last month, the Publishers Weekly Stock Index increased 3.3% in March, beating the Dow Jones Industrial Average, which had a 1% gain. Advanced Marketing Services, which released its most detailed financial in more than a year last month, had the largest increase in March. A good fourth quarter and bullish projections for the year combined to lift Hasting Entertainment's share price 14.4%. Scholastic's stock took the biggest dollar hit in the month after the company announced disappointing third quarter results, though its stock price rose slightly after falling to $26.59 immediately after results were released. Stock prices rose for 12 companies on the PWSI and fell at 8; prices were even at Thomas Nelson and EDC.
Source: Reed Business Information
