Of these 14 US Wireless Communications Companies, 11 of them 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 the most recent date February 12, 2014.
The historical common stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 11 largest US Wireless Communications Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a huge 46% 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 in the slightly less than five years since March 6, 2009, the average stock prices of these same 11 largest US Wireless Communications Companies have increased by 89% through February 12, 2014.
Below here are the stock market prices of each of these 11 largest US Wireless Communications Companies having their stocks trading on February 12, 2014, on March 6, 2009, and also on December 31, 2007:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Wireless Communications Company | HQs | 2-12-14 | 3-6-09 | 12-31-07 | 2-12-14 | 3-6-09 | |
Globalstar | Covington | LA | 2.42 | 0.37 | 8.00 | 554% | -95% |
Pendrell | Kirkland | WA | 1.41 | 0.39 | 3.18 | 262% | -88% |
Anaren | East Syracuse | NY | 27.98 | 9.93 | 16.49 | 182% | -40% |
T-Mobile US | Bellevue | WA | 30.70 | 14.36 | 19.45 | 114% | -26% |
PCTEL | Bloomingdale | IL | 8.30 | 4.31 | 6.86 | 93% | -37% |
United States Cellular | Chicago | IL | 42.13 | 30.34 | 84.10 | 39% | -64% |
USA Mobility | Springfield | VA | 14.00 | 10.32 | 14.30 | 36% | -28% |
InterDigital | Wilmington | DE | 28.05 | 21.33 | 23.33 | 32% | -9% |
Telephone & Data Systems | Chicago | IL | 24.80 | 23.08 | 57.59 | 7% | -60% |
NTELOS Holdings | Waynesboro | VA | 16.03 | 17.89 | 29.69 | -10% | -40% |
Inteliquent | Chicago | IL | 11.61 | 18.99 | 19.02 | -39% | 0% |
Leap Wireless | San Diego | CA | 17.53 | 29.57 | 46.64 | -41% | -37% |
NII Holdings | Reston | VA | 2.99 | 12.60 | 48.32 | -76% | -74% |
Average % Change all 11 | 89% | -46% |
And in the chart below are the stock market prices on February 12, 2014 and on the close of the first trading date of the 3 additional US Wireless Communications Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:
Closing | ||||||||
Month | Price | |||||||
Of | On | |||||||
Market | First | First | ||||||
Price | Trading | Trading | % | |||||
Wireless Communications Company | HQs | 2-12-14 | Date | Date | Change | |||
RigNet | Houston | TX | 44.70 | Dec 2010 | 12.55 | 256% | ||
Ubiquiti Networks | San Jose | CA | 44.34 | Oct 2011 | 17.50 | 153% | ||
Sprint | Overland Park | KS | 8.07 | Jul 2013 | 5.55 | 45% | ||
Average % Increase all 3 | 152% |
Yeah, these 3 Wireless Companies have done quite well on the stock market price appreciation front, particularly so when you consider the short time these stocks have been trading.