- 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 14, 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 7 largest US Electronics, Music & Video Stores Companies had their average stock prices decline by a huge 40% 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 7 largest US Electronics, Music & Video Stores Companies have increased by a robust 291% through February 14, 2014, led by Los Gatos, CA-based Netflix.
Clearly, a majority of the investors in and employees of these 7 largest US Electronics, Music & Video Stores 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.
Below here are the stock market prices of each of these 7 largest US Electronics, Music & Video Stores Companies on February 14, 2014, on March 6, 2009, and on December 31, 2007:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Electronics, Music & Video Stores | HQs | 2-14-14 | 3-6-09 | 12-31-07 | 2-14-14 | 3-6-09 | |
Netflix | Los Gatos | CA | 435.51 | 38.18 | 26.62 | 1041% | 43% |
Trans World Entertainment | Albany | NY | 3.98 | 0.59 | 4.90 | 575% | -88% |
Conns | Woodlands | TX | 53.84 | 10.04 | 15.13 | 436% | -34% |
GameStop | Grapevine | TX | 35.61 | 22.38 | 62.11 | 59% | -64% |
Best Buy | Richfield | MN | 24.78 | 24.71 | 52.65 | 0% | -53% |
hhgregg | Indianapolis | IN | 9.25 | 10.33 | 13.76 | -10% | -25% |
RadioShack | Fort Worth | TX | 2.64 | 6.70 | 16.86 | -61% | -60% |
Average % Change all 7 | 291% | -40% |