Industry Stocks: August Performances
by Staff -- Publishers Weekly, 9/10/2007
| COMPANY | JULY 31 | AUG. 31 | % CHANGE |
| Winners | |||
| Barnes & Noble | 33.55 | 36.07 | 7.5% |
| Scholastic | 32.18 | 34.08 | 5.9 |
| Amazon | 78.54 | 79.91 | 1.7 |
| Losers | |||
| McGraw-Hill | 60.50 | 50.46 | -16.7% |
| Books-A-Million | 15.77 | 13.32 | -15.5 |
| R.R. Donnelley | 42.26 | 35.82 | -15.2 |
| Borders Group | 16.36 | 15.00 | -8.3 |
| Marvel | 24.23 | 22.60 | -6.7 |
| Pearson | 15.99 | 14.93 | -6.6 |
| Courier Corp. | 37.66 | 35.94 | -4.6 |
| Publishers Weekly | |||
| Stock Index | 507.81 | 486.49 | -4.1% |
| Dow Jones Aver. | 13,211.99 | 13,357.74 | -1.1% |
| After falling 5.2% in July, the Publishers Weekly Stock Index dropped another 4.1% in August. Stock prices at only four companies rose in the month, while prices dropped at 13. McGraw-Hill had the biggest loss in the month, although investors' concerns were largely focused on the company's credit-rating division Standard & Poor's. The strong results turned in by the three bookstore chains because of Harry Potter and the Deathly Hallows sales couldn't stop the stock prices from falling at Book-A-Million and Borders. It was a different story at Barnes & Noble, where chairman Len Riggio's decision to buy 100,000 shares of his company's stock helped to provide a lift to its share price. Source: Reed Business Information | |||
