- 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 the most recent date February 21, 2014.
These 5 Maine Companies had their equally-company-weighted average stock market prices decline by a huge 43% 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 5 Maine Companies have increased by a robust 234% through February 21, 2014.
This 234% average stock price increase is particularly noteworthy since 3 of these 5 Maine Companies are banks, whose average stock price increase was only 88%. The two Non-bank Maine Companies had their average stock price increase by 452% since March 6, 2009.
All 5 Maine Companies had their stock prices increase since March 6, 2009 with the lowest increase being a respectable 45%.
Maine citizens must be pleased with the outstanding performance of their Maine Companies during the Obama Administration.
Below here are the stock market prices of these 5 Maine Companies on February 21, 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 | |||
Maine Company | HQs | 2-21-14 | 3-6-09 | 12-31-07 | 2-21-14 | 3-6-09 | |
WEX Inc | South Portland | ME | 93.42 | 13.79 | 35.49 | 577% | -61% |
IDEXX Laboratories | Westbrook | ME | 124.64 | 29.23 | 58.63 | 326% | -50% |
Camden National | Camden | ME | 35.92 | 16.10 | 28.39 | 123% | -43% |
Bar Harbor Bankshares | Ben Harbor | ME | 37.18 | 18.98 | 31.40 | 96% | -40% |
The First Bancorp | Damariscotta | ME | 16.34 | 11.24 | 14.64 | 45% | -23% |
Average % Change all 5 | 234% | -43% |