Book Stock Watch: Borders Closes Chicago Store

By Jason Boog 

308.jpegToday Borders announced that they will close a large store on Chicago’s Michigan Avenue in 2010. According to Publishers Marketplace, the company said they will ‘continue to have a strong commitment to Chicagoland with 19 stores throughout the area.’

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 19.73 -0.26
Books-A-Million, Inc. BAMM 2.55 0
Borders Group, Inc. BGP 0.55 -0.03
Amazon.com, Inc. AMZN 64.79 2.45
Barnes & Noble, Inc. BKS 17.94 0.18
Wiley John & Sons Inc. JW.A 31.39 1.13
Scholastic Corporation SCHL 11.01 0.13
News Corporation NWS 6.26 -0.19