Industry Stocks: February Performances
by Staff -- Publishers Weekly, 3/5/2007
Company
Jan. 31
Feb. 28
% Change
Winners
Audible
7.15
9.53
33.3%
Hastings Entertainment
5.90
6.51
10.3
Barnes & Noble
38.93
40.86
5.0
Amazon.com
37.67
39.14
3.9
John Wiley
37.16
38.51
3.6
Losers
Books-A-Million
19.10
15.96
-16.4
Courier Corp.
39.76
38.20
-3.9
McGraw-Hill Cos.
67.08
64.56
-3.7
CBS
31.16
30.37
-2.5
R.R. Donnelley
37.10
36.18
-2.5
Publishers Weekly
Stock Index
476.68
476.05
-0.1%
Dow Jones Average
12,621.69
12,268.63
-2.8
Companies on the PWSI weathered last Tuesday's market plunge remarkably well, with the Index slipping only 0.1% for the month of February. Stock prices fell at nine companies and rose at eight. Audible had the largest gain in February after it reported a better-than-expected fourth quarter and optimistic results for 2007. Hastings' stock price rebounded in February following a steep drop in January that was due in part to a reduced earnings outlook for the recently concluded fiscal year. Books-A-Million, whose stock price had been slipping all February, dropped 10% last Tuesday and finished down 16.4% for the month.
Source: Reed Business Information
