- 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 3 South Dakota Headquartered Companies had their equally-company-weighted average stock market prices decline by a massive 70% 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 3 South Dakota Headquartered Companies have increased by a robust 310% through February 20, 2014, with all 3 more than doubling in stock market price.
Retiring US Senator Tim Johnson has followed in Tom Daschle's footsteps and done wonders for South Dakota businesses of all sizes.
South Dakota citizens should be very pleased with the excellent performance of these South Dakota Companies during the Obama Administration.
Below here are the stock market prices of these 3 South Dakota Headquartered 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 Dakota Company | HQs | 2-20-14 | 3-6-09 | 12-31-07 | 2-20-14 | 3-6-09 | |
Meta Financial Group | Sioux Falls | SD | 41.14 | 7.44 | 41.17 | 453% | -82% |
Raven Industries | Sioux Falls | SD | 36.84 | 8.22 | 19.20 | 348% | -57% |
Daktronics | Brookings | SD | 14.38 | 6.26 | 22.57 | 130% | -72% |
Average % Change all 3 | 310% | -70% |