Tuesday, January 28, 2014

11 Largest US Entertainment Companies Average Stock Prices Down 61% Due to Financial Meltdown Spillover Effects, Then Up 407% Under Obama and the US Fed

I found 11 US Entertainment Companies classified in the Services Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates: on December 31, 2007 during President Bush's second term, on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also on January 27, 2014.
   
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 11 US Entertainment Companies had their average stock prices drop by a massive 61% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 11 US Entertainment Companies have increased by a robust 407% through January 27, 2014, with all 11 of them having stock price appreciation above 100%.        
           
Clearly, the investors in and employees of these 11 US Entertainment Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.

Below here are the market prices of each of these 11 US Entertainment Companies on January 27, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 27, 2014:







Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Entertainment Companies      1-27-14   3-6-09   12-31-07  1-27-14 3-6-09








Cedar Fair LP

     49.50        6.00      21.13 725% -72%
Live Nation Entertainment

     20.64        2.89      14.52 614% -80%
Twenty-First Century Fox

     31.05        4.69      18.09 562% -74%
IMAX Corp

     27.13        4.10        6.82 562% -40%
Viacom

     81.04      13.92      43.92 482% -68%
Walt Disney Co

     72.25      15.83      32.28 356% -51%
Comcast

     52.49      11.63      18.26 351% -36%
Cinedigm

       2.40        0.60        4.47 300% -87%
Orbitz Worldwide

       7.03        2.17        8.50 224% -74%
Time Warner

     62.88      22.41      49.53 181% -55%
World Wrestling Entertainment

     21.41        9.53      14.76 125% -35%








Average % Change all 11




407% -61%