Industry Stocks: June Performances
Staff -- Publishers Weekly, 7/9/2001
| Company | May 31 | June 29 | % CHANGE |
| Winners | |||
| Advanced Marketing Serv. | 16.50 | 20.85 | 26.4% |
| Borders Group | 18.27 | 22.40 | 22.6% |
| Barnes & Noble | 32.15 | 39.35 | 22.4% |
| John Wiley | 20.20 | 23.65 | 17.1% |
| Scholastic | 39.95 | 45.00 | 12.6% |
| Losers | |||
| Amazon.com | 16.69 | 14.15 | -15.2% |
| Pearson | 18.80 | 17.03 | -9.4% |
| R.R. Donnelley | 30.30 | 29.70 | -2.0% |
| Publishers Weekly | |||
| Stock Index | 446.70 | 467.51 | 4.6% |
| Dow Jones Average | 10,911.94 | 10,502.40 | -3.7% |
| June was an amazing month for the Publishers Weekly Stock Index: three companies were at 52-week highs at the end of the month, and the index was up 4.6%, compared to a 3.7% decline for the Dow Jones Industrial Average. The big winners in June were Advanced Marketing Services, whose stock price rose 26.4%; Borders Group, which had a 22.6% increase; and Barnes & Noble, whose stock was up 22.4%. All three companies received buy recommendations from analysts. In contrast to the gains at the nation's two largest bookstore chains, the country's two biggest online book retailers saw their stock fall in the month. Amazon.com's 15.2% decline was the largest among companies whose stock was trading at $4 per share or better at the end of the month. Barnesandnoble.com's stock was down 8.4%, to $1.63. Franklin Electronic Publishers began trading on the American Stock Exchange in June after having been removed from the New York Stock Exchange, and its share price fell 17.7%, to $2.55, as the company continues to look for ways to exploit the e-book market. | |||
| Source: Cahners Publishing | |||
