- 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 20, 2014.
These 11 South Carolina Headquartered Companies had their equally-company-weighted average stock market prices decline by a massive 57% 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 11 South Carolina Headquartered Companies have increased by a spectacularly off-the-charts 724% through February 20, 2014.
All 11 South Carolina Companies had their stock market prices increase since March 6, 2009, with the lowest increase being a respectable 55%.
But the main driver of this 724% average stock market growth is 3D Systems, based in Rock Hill, which is a key part of the Charlotte, NC Metropolitan area. 3D Systems's stock price has increased 51 times since March 6, 2009.
US Republican Senator Lindsay Graham and US House Democrat James Clyburn have both been especially effective advocates for South Carolina businesses of all sizes.
South Carolina citizens should be extremely pleased with the outstanding performance of these South Carolina Companies during the Obama Administration.
Below here are the stock market prices of these 11 South Carolina Companies Companies on February 20, 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 | |||
South Carolina Company | HQs | 2-20-14 | 3-6-09 | 12-31-07 | 2-20-14 | 3-6-09 | |
3D Systems Corp | Rock Hill | SC | 80.56 | 1.54 | 5.15 | 5120% | -70% |
World Acceptance | Greenville | SC | 100.33 | 11.26 | 26.98 | 791% | -58% |
Denny's Corp | Spartanburg | SC | 6.50 | 1.19 | 3.75 | 446% | -68% |
Delta Apparel | Greenville | SC | 16.10 | 3.89 | 7.12 | 314% | -45% |
Synalloy | Spartanburg | SC | 14.81 | 4.24 | 17.19 | 249% | -75% |
Blackbaud | Charleston | SC | 32.92 | 9.49 | 28.04 | 247% | -66% |
First Financial Holdings | Columbia | SC | 58.74 | 17.72 | 31.67 | 231% | -44% |
First Citizens Bancorp | Columbia | SC | 695.00 | 225.00 | 660.00 | 209% | -66% |
ScanSource | Greenville | SC | 39.54 | 14.63 | 32.35 | 170% | -55% |
Sonoco Products | Hartsville | SC | 41.38 | 17.62 | 32.68 | 135% | -46% |
AVX Corp | Fountain Inn | SC | 12.84 | 8.31 | 13.42 | 55% | -38% |
Average % Change all 11 | 724% | -57% |