Monday, May 12, 2014

Utah Company Average Stock Market Prices Up 384% Under Obama and a Quantitative Easing US Fed, After Being Down 41% During Financial Meltdown

I found 16 Utah Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:

  • 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 May 9, 2014.

I also included a company whose common stock first started trading very early in 2008.  That makes it 17 Utah Companies.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 17 Utah Companies had their average stock market prices decline by a huge 41% 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 more than five years since March 6, 2009, the average stock market prices of these same 17 Utah Companies have increased by a very impressive 384% through May 9, 2014.

In similar fashion, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration, supported by a Democratically controlled US Senate, taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.

In like manner, Utah's unemployment rate tripled, going from 2.8% in December 2007 to 8.3% in October 2009. And then with the US economic stimulating actions of the Obama Administration going full throttle, coupled with the Quantitative Easing by the US Fed, the Utah State unemployment rate declined by more than half, going from 8.3% in October 2009 to 3.8% in the most recently reported April 2014.

Below here are the stock market prices of each of these 17 Utah Companies on May 9, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Utah Company HQs
5-9-14 3-6-09 12-31-07 5-9-14 3-6-09



$s $s $s

Huntsman Salt Lake City UT       25.16      2.25    25.70 1018% -91%
Extra Space Storage Salt Lake City UT       51.56      5.18    14.29 895% -64%
Headwaters South Jordan UT       12.85      1.39    11.74 824% -88%
Nu Skin Enterprises Provo UT       75.79      8.81    16.43 760% -46%
Profire Energy Lindon UT         3.84      0.55      0.55 598% 0%
Franklin Covey Salt Lake City UT       20.78      3.53      7.91 489% -55%
Zions Bancorporation Salt Lake City UT       29.83      6.48    46.69 360% -86%
Lifevantage Sandy UT         1.36      0.30      0.20 353% 50%
inContact Salt Lake City UT         7.85      1.75      4.50 349% -61%
Nutraceutical Intl Park City UT       23.08      5.67    13.25 307% -57%
Black Diamond Salt Lake City UT       11.19      4.00      5.90 180% -32%
Utah Medical Products Midvale UT       50.38    22.40    29.72 125% -25%
Overstock.com Salt Lake City UT       15.27      7.88    15.53 94% -49%
FX Energy Salt Lake City UT         4.38      2.44      5.68 80% -57%
Merit Medical Systems South Jordan UT       13.02      7.95    11.12 64% -28%
SkyWest St George UT       11.82      8.91    26.85 33% -67%
Myriad Genetics Salt Lake City UT       35.88    37.05    22.13 -3% 67%








Average % Change all 17




384% -41%