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Industry Stocks: September Performances

by Staff -- Publishers Weekly, 10/8/2007

COMPANY AUG. 31SEP. 28% CHANGE
Winners
Franklin Elec. Pub.2.803.9039.3%
Audible10.6213.0022.4
Amazon79.9193.1516.5
Hastings Ent.7.218.3816.2
John Wiley41.4744.938.3
Losers
Borders Group15.0013.33-11.1
Barnes & Noble36.0735.26-2.2
Courier Corp.35.9435.21-2.0
Educational Dev. Corp. 6.506.45-0.8
Books-A-Million13.3213.23-0.6
Publishers Weekly
Stock Index486.49510.024.8%
Dow Jones Aver.13,357.7413,895.634.0
The Publishers Weekly Stock Index ended a two-month slide in September. Stock prices rose at 12 companies in the month and fell at only five, resulting in a 4.8% increase for the PWSI. An improved balance sheet and aggressive growth plans helped drive Franklin Electronic Publishers' stock to a 52-week high at the end of September when it closed at $3.90. Audible's stock benefited from a generally positive climate for audio companies on Wall Street with its stock price up 22.4% in September; during the month its stock price hit a 52-week high of $13.50 before falling back. Investors remained skeptical of Borders's prospects.

Source: Reed Business Information


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