The stock price of Chegg, the online learning platform for university students, fell 48% Tuesday, after its CEO reported that a spike in interest by students in ChatGPT resulted in lower than expected results in the first quarter. Continue reading >> [ Source: Publishers Weekly | 2023-05-03 04:00:00 UTC ]
A bad year has landed Under Armour’s Kevin Plank on a “Worst CEOs in America” list. Plank joins the heads of IBM, Macy’s, Sears, Twitter, Ford Motor Co. and others on a 20-worst list compiled by financial news website 24/7 Wall St. The online publisher looked at stock price changes, earnings,... Continue reading >> [ Source: Baltimore Sun | 2017-12-28 00:00:00 UTC ]
Thanks to the request of a new shareholder that the company put itself up for sale, the stock price of Barnes & Noble rose 7.2% in July, the strongest performance of the 10 stocks listed on the Publishers Weekly Stock Index. Continue reading >> [ Source: Publishers Weekly | 2017-08-04 00:00:00 UTC ]
With an 18% increase in Amazon's stock price for Q1 2017 over Q1 2016, the tech giant leads the PW Stock Index. Continue reading >> [ Source: Publishers Weekly | 2017-04-07 00:00:00 UTC ]
CBS, parent company of Simon & Schuster, was the only company on the Publishers Weekly Stock Index to have an increase in its stock price in October. Continue reading >> [ Source: Publishers Weekly | 2016-11-04 00:00:00 UTC ]
Cumulus Media, the second-largest operator of U.S. radio stations behind IHeartMedia, replaced company co-founder Lew Dickey as CEO after an 84% drop in the stock price this year, naming longtime magazine publishing executive Mary Berner to replace him.Mr. Dickey will remain on the board as vice... Continue reading >> [ Source: Advertising Age | 2015-09-30 00:00:00 UTC ]
Since the Anderson family made its proposal in January to buy all outstanding shares in Books-A-Million, the stock price has increased to almost 40 cents beyond the family's offer. Continue reading >> [ Source: Publishers Weekly | 2015-05-21 00:00:00 UTC ]
Amazon is receiving lots of bad press in its dispute with Hachette Book Group, but executives and investors are likely more concerned that its stock price has been slipping since the beginning of the year. Continue reading >> [ Source: Publishers Weekly | 2014-07-04 00:00:00 UTC ]
Led by a 44.9% increase in the stock price of Amazon, the Publishers Weekly Stock Index jumped 23.5% in 2012, easily beating the 7.3% gain posted by the Dow Jones Industrial Average in the year. Continue reading >> [ Source: Publishers Weekly | 2013-01-04 00:00:00 UTC ]
Despite posting a 35% sales increase for the fourth quarter and earnings that were better than expected (if still down compared to a year ago), last week was a tough one for Amazon. Analysts and investors were disappointed in the quarterly report, and the stock price for the nation’s largest... Continue reading >> [ Source: Publishers Weekly | 2012-02-03 00:00:00 UTC ]