Borders Group made the biggest bookselling financial news this week, cutting an additional 136 jobs. The cuts will affect 12 percent of the corporate leadership in the Ann Arbor, Michigan headquarters, but only one percent of the company’s overall workforce.
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 21.16 -1.17
Books-A-Million, Inc. BAMM 2.6 0
Borders Group, Inc. BGP 0.53 -0.01
Amazon.com, Inc. AMZN 63.86 1.91
Barnes & Noble, Inc. BKS 16.86 0.21
Wiley John & Sons Inc. JW.A 30.95 -0.7
Scholastic Corporation SCHL 11.2 -0.1
News Corporation NWS 6.68 0