Analyzing Google’s promise to enter the digital book market, commentary in a Reuters article speculated: “Amazon will likely remain the e-books leader, but that the move by Google may force Amazon to provide publishers with better financial terms and offer aggressive discounts on the Kindle.”
For this reason GalleyCat has added Google to our Book Stock Watch feature. 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 30.75 0
Books-A-Million, Inc. BAMM 6.97 -0.03
Borders Group, Inc. BGP 4.34 0.52
Amazon.com, Inc. AMZN 87.56 2.04
Barnes & Noble, Inc. BKS 24.7 -0.29
Wiley John & Sons Inc. JW.A 32.85 0.7
Scholastic Corporation SCHL 21 -0.02
News Corporation NWS 11.55 -0.06
Google Inc. GOOG 444.32 4.04