- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and
- also on today February 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 4 Alaska Companies had their equally-company-weighted average stock market prices decline by a massive 55% 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 equally-company-weighted average stock market prices of these same 4 Alaska Companies have increased by a very robust 348% through today February 27, 2014, led by Alaska Air Group.
The State of Alaska is blessed to have two equally exceptional US Senators.....Democrat Mark Begich and Republican Lisa Murkowski. I would stack them up against any other pair of US Senators from the same State. They both work exhaustively hard and very effectively for all of their Alaska businesses and citizens. And they both are very likable and also very willing to work across the aisle, and frequently do so.....something very rare in the present US Congress.
Alaska citizens should be very pleased with the strong performance of their Alaska Companies during the Obama Administration.
Below here are the stock market prices of these 4 Alaska Companies on February 27, 2014, on March 6, 2009, and on December 31, 2007, along with the related % Changes for these two periods of time:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Alaska Company | HQs | 2-27-14 | 3-6-09 | 12-31-07 | 2-27-14 | 3-6-09 | |
Alaska Air Group | Seattle | WA | 86.30 | 7.54 | 12.50 | 1045% | -40% |
Northrim Bancorp | Anchorage | AK | 24.75 | 6.90 | 21.32 | 259% | -68% |
General Communication | Anchorage | AK | 10.39 | 4.11 | 8.75 | 153% | -53% |
Alaska Communications | Anchorage | AK | 2.16 | 5.79 | 15.00 | -63% | -61% |
Average % Change all 4 | 348% | -55% |