Company Jan .31 Feb. 28 % Change
The Publishers Weekly Stock Index slipped 1.1% in February as the stock prices of 13 companies dropped in the month, while rising at nine. Amazon.com had the largest decline in February, falling 16.5%. The e-tailer's stock declined steadily throughout the month as investors continued to worry about Amazon's thin margins. Audible's stock, which fell 14.6% in January, fell again in February due in part to the company's inability to give a forecast on how the year will play out. Thomas Nelson was the big winner last month, rising 13.8% on the strength of the buyout offer from InterMedia Partners. An encouraging financial report from Marvel earned an upgrade from JP Morgan, helping to move the stock ahead 11.2%.
Source: Reed Business Information
Winners
Thomas Nelson 25.70 29.25 13.8%
Marvel 16.65 18.52 11.2
Advanced Mktg. Svcs. 3.75 4.00 6.6
McGraw-Hill 51.04 53.93 5.7
R. R. Donnelley 32.60 33.66 3.2
Losers
Amazon.com 44.82 37.44 -16.5%
Audible 10.96 10.13 -7.5
CBS 26.20 24.47 -7.1
Reed Elsevier plc 38.10 36.05 -5.4
Banta 51.12 48.71 -4.7
Publishers Weekly
Stock Index 533.81 527.68 -1.1%
Dow Jones Average 10,864.86 10,993.41 1.2%