Tuesday, August 20, 2013

Delaware Corp Stock Prices Up 158% Since President Obama Took Office

From a review of SEC filings, I found 9 Corps headquartered in the State of Delaware, which generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the first three years of the Obama Administration (2009, 2010 or 2011), and which also had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on yesterday, August 19, 2013 or on the date when it was acquired.

These 9 Delaware Corps had their average stock prices increase by 158% from January 16, 2009 to the close yesterday, Aug 19, 2013.  This 158% increase is 1.7 times the 94% increase in the S&P 500 Index over the same time span.

Delaware citizens have to be very pleased with the overall stock market performance of their superb Delaware Companies during the Obama Administration.

But it wasn't just the Obama Administration.  Delaware has two excellent US Senators.....Chris Coons and Tom Carper.....who have both been very effective in aiding Delaware Companies of all sizes.

Below here are the common stock market closing prices of each of these 9 Delaware Corps at both the most recent date (August 19, 2013) and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:


  Market Market Percentage
  Delaware Price Price Increase

HQs 8-19-13 1-16-09 (Decrease)





Companies HQed in Delaware








Incyte Wilmington 26.52 3.63 631%
Shiloh Industries Wilmington 11.41 2.70 323%
Delphi Financial Group (1) Wilmington 45.53 16.12 182%
DuPont Wilmington 57.53 24.97 130%
SLM (Sallie Mae) Newark 24.50 11.50 113%
WSFS Financial Wilmington 61.22 41.47 48%
Interdigital Wilmington 35.57 26.73 33%
Exterran Holdings Wilmington 27.78 22.78 22%
Dover Downs Gaming & Entertainment Dover 1.32 3.34 -60%





Average Increase: all 9 Delaware Corps


158%





Dow Industrials Index
15,010.74 8,281.22 81%
S&P 500 Index
1,646.06 850.12 94%
S&P Mid-Cap 400 Index
1,197.72 516.75 132%
S&P SmallCap 600 Index
575.10 247.89 132%


(1) Delphi Financial Group's most recent stock price was in May 2012, when it was acquired by Tokio Marine.