Tuesday, January 28, 2014

7 Largest US Movie Production Theater Companies Average Stock Prices Down 51% Due to Financial Meltdown Spillover Effects, Then Up 502% Under Obama and the US Fed

I found 7 US Movie Production Theater 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 7 US Movie Production Theater Companies had their average stock prices drop by a huge 51% 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 7 US Movie Production Theater Companies have increased by a very robust 502% through January 27, 2014, led by Carmike Cinemas.        
           
Clearly, the investors in and employees of these 7 US Movie Production Theater 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 7 US Movie Production Theater 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
Movie Production Theater Corps

 1-27-14   3-6-09   12-31-07  1-27-14 3-6-09








Carmike Cinemas

     26.28        1.30        7.26 1922% -82%
Lions Gate Entertainment

     30.96        5.32        9.42 482% -44%
Rentrak Corp

     54.11        9.49      14.46 470% -34%
Cinemark Holdings

     29.87        7.12      17.00 320% -58%
Reading Intl

       7.50        3.05        9.99 146% -69%
Regal Entertainment Group

     19.94      10.08      18.07 98% -44%
DreamWorks Animation SKG

     32.99      18.56      25.54 78% -27%








Average % Change all 7




502% -51%