Industry Stocks: November Performances

The Publishers Weekly Stock Index moved up 2.6% in November, beating the Dow Jones Industrial Average, which slipped 0.2%. The stock prices of 14 companies rose in the month, while prices fell at six. John Wiley's stock price held even at $26. A bullish outlook for the holidays helped to drive up Barnes & Noble's stock price 11.3%, making it the best performer in the month. A solid second quarter and optimism about the remainder of the fiscal year contributed to an 11% increase in Thomas Nelson's stock price. LeapFrog's stock price continued to fall in the month as investors remained concerned that the company will be unable to sustain its rapid growth. Other stock prices of note included McGraw-Hill, which closed at a 52-week high ($68.50) at the end of November, and Barnes & Noble.com, whose stock price of $2.86 was 36 cents higher than the offer made by B&N to acquire the e-tailer's outstanding shares.