Friday, January 24, 2014

9 Largest US Home Furnishings & Fixtures Corps Average Stock Prices Down 70% Due to Financial Meltdown Spillover Effects, Then Up 1,899% Under Obama and the US Fed

I found 9 US Home Furnishings & Fixtures Companies classified in the Consumer Goods Sector at Yahoo's fine 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 23, 2014.
 
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 9 US Home Furnishings & Fixtures Companies had their average stock prices drop by a massive 70% 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 9 US Home Furnishings & Fixtures Corps have increased by a spectacularly off-the-charts 1,899% through January 23, 2014.
        
Clearly, the investors in and employees of these 9 US Home Furnishings & Fixtures Companies must be extremely 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 9 US Home Furnishings & Fixtures Companies on January 23, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 23, 2014:






Market Market






Price Price






% %






Change Change



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

HQs
Price Price Price to to
Home Furnishings & Fixtures Co

1-23-14 3-6-09 12-31-07 1-23-14 3-6-09







Select Comfort Minneapolis MN        17.16        0.20        7.01 8476% -97%
La-Z-Boy Monroe MI        28.24        0.60        7.93 4607% -92%
Bassett Furniture Bassett VA        14.86        0.82        9.34 1717% -91%
Tempur Sealy Lexington KY        49.00        4.46      25.97 999% -83%
Flexsteel Dubuque IA        28.76        5.17      12.00 456% -57%
Ethan Allen Interiors Danbury CT        27.42        7.10      28.50 286% -75%
Leggett & Platt Carthage MO        30.69      10.31      17.44 198% -41%
Hooker Furniture Martinsville VA        16.35        5.52      20.10 196% -73%
American Woodmark Winchester VA        36.18      13.88      18.18 161% -24%








Average % Change all 9




1899% -70%