Book Stock Watch: Amazon’s Aims

By Jason Boog 

amlogo.gifThis week Amazon.com, Inc.’s CFO Thomas Szkutak told investors to expect “good returns” on Kindle sales, without revealing concrete figures. The WSJ reports: “‘We think we can make good returns over time on both the device and the content,’ Thomas Szkutak told attendees at a technology conference hosted by Credit Suisse Wednesday.”

GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight publicly-traded publishing stocks hand-picked by GalleyCat readers–including company name, symbol, current stock price, and price increase or decrease at week’s close.

The McGraw-Hill Co. MHP 31.99 0.08
Books-A-Million, Inc. BAMM 6.5 -0.17
Borders Group, Inc. BGP 3.8 -0.28
Amazon.com, Inc. AMZN 84.08 -1.61
Barnes & Noble, Inc. BKS 23.32 0.32
Wiley John & Sons Inc. JW.A 34.33 -0.26
Scholastic Corporation SCHL 21.08 0.03
News Corporation NWS 11.73 -0.1
Google Inc. GOOG 424.84 -4.16