Company | Apr. 30 | May 31 | % Change |
The Publishers Weekly Stock Index followed up a strong April with another solid month in May, with the PWSI up 6.6%. The stock prices of only two companies fell in May, while prices rose at 15. Helped by a favorable report from J.P. Morgan, John Wiley's stock price had the largest gain in the month, and the closing price of $45.85 on May 31 marked a 52-week high. Amazon's stock price, which jumped 54% in April after a strong first-quarter report, continued to ride a wave of positive analysts' reports in May and its price rose another 12.7%. Scholastic's stock rose only 2.9% in May, but its June 1 announcement of a $200 million accelerated share repurchase program pushed the company's stock price up $4 in trading June 4 to $36.51. Source: Reed Business information | |||
Winners | |||
John Wiley | 37.45 | 45.85 | 22.5% |
Amazon | 61.33 | 69.14 | 12.7 |
Barnes & Noble | 39.53 | 42.77 | 8.2 |
McGraw-Hill | 65.53 | 70.31 | 7.3 |
Reed Elsevier | 50.54 | 54.02 | 6.9 |
R.R. Donnelley | 40.20 | 42.82 | 6.5 |
Losers | |||
Marvel Entertainment | 29.53 | 27.61 | -6.5% |
Books-A-Million | 16.68 | 16.44 | -1.4 |
Publishers Weekly | |||
Stock Index | 508.35 | 541.90 | 6.6% |
Dow Jones Ave. | 13,060.00 | 13,627.64 | 4.3% |
Industry Stocks: May Performances
Jun 08, 2007
A version of this article appeared in the 06/11/2007 issue of Publishers Weekly under the headline: