Industry Stocks: June Performances

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