Company May 30 June 30 % Change
It was another winning month for the Publishers Weekly Stock Index, although the 2% increase in June was well below the 9.2% posted in May. Fifteen companies had a stock increase in the month while prices fell at seven companies, and the PWSI once again outperformed the Dow Jones Industrial Average, which had a 1.5% increase. Franklin Electronic Publishers, which made a series of deals in June, saw its stock price rise 20%, to $4 per share, the minimum amount necessary to appear on the PWSI. Two other stocks that had strong months, but whose stock price remains below $4, were Barnes & Noble.com, whose stock price jumped 62%, to $2.35 per share, and Books-A-Million, whose shares rose 17%, to $2.77. Banta had the largest decline in price in the month, 5.5%, while Scholastic's stock, the success of Harry Potter notwithstanding, fell 4.3%.
Winners
Franklin Electronic Publishers 3.35 4.00 20.0%
Advanced Marketing Services 11.20 13.00 16.1
Leapfrog 28.93 31.81 10.0
Thomas Nelson 11.60 12.50 7.8
Borders Group 16.45 17.61 7.1
Losers
Banta 34.27 32.37 -5.5%
Scholastic 31.13 29.78 -4.3
Barnes & Noble 23.80 23.05 -3.1
McGraw-Hill 63.21 62.00 -1.9
Reed plc 34.35 33.69 -1.9
Publishers Weekly
Stock Index 435.35 443.99 2.0%
Dow Jones Average 8,850.26 8,985.44 1.5%