- 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 during 2008. And I also included a company which was sold in 2014. That makes it 72 Virginia Companies.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 72 Virginia 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 72 Virginia Companies have increased by a very impressive 349% through May 9, 2014.
Three of these 72 Virginia Companies had their stock market prices increase by more than 20 times in the most recent roughly 5 years.....GTT Communications, Measurement Specialties and Genworth Financial. Four additional Virginia Companies had their stock market prices advance more than 10 times.....Bassett Furniture, NewMarket Corp, Gannett and Freddie Mac. Also, another 4 Virginia Companies had their stock market prices increase more than 8 times.....Lumber Liquidators, Arlington Asset Investment Corp, Trex and Capital One Financial.
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, Virginia's unemployment rate more than doubled, going from 3.3% in December 2007 to 7.2% in October 2009. And then with the US economic stimulating actions of the Obama Administration, supported by a Democratically controlled US Senate, going full throttle, coupled with the Quantitative Easing by the US Fed, the Virginia State unemployment rate declined sharply, going from 7.2% in October 2009 to 4.9% in the most recently reported April 2014.
Below here are the stock market prices of each of these 72 Virginia 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 | |||
Virginia Company | HQs | 5-9-14 | 3-6-09 | 12-31-07 | 5-9-14 | 3-6-09 | |
$s | $s | $s | |||||
GTT Communications | McLean | VA | 8.62 | 0.36 | 1.05 | 2294% | -66% |
Measurement Specialties | Hampton | VA | 63.82 | 2.73 | 22.10 | 2238% | -88% |
Genworth Financial | Richmond | VA | 18.22 | 0.84 | 25.45 | 2069% | -97% |
Bassett Furniture | Bassett | VA | 13.70 | 0.82 | 9.34 | 1575% | -91% |
NewMarket Corp | Richmond | VA | 375.36 | 29.55 | 55.69 | 1170% | -47% |
Gannett | McLean | VA | 27.22 | 2.20 | 39.00 | 1137% | -94% |
Freddie Mac | McLean | VA | 4.24 | 0.36 | 34.07 | 1078% | -99% |
Lumber Liquidators | Toano | VA | 83.68 | 7.71 | 8.99 | 985% | -14% |
Arlington Asset Investment Corp | Arlington | VA | 26.34 | 2.60 | 62.80 | 913% | -96% |
Trex Co | Winchester | VA | 33.74 | 3.48 | 4.26 | 871% | -18% |
Capital One Financial | McLean | VA | 76.43 | 8.31 | 47.26 | 820% | -82% |
Portfolio Recovery Associates | Norfolk | VA | 57.15 | 6.73 | 13.22 | 749% | -49% |
Ampliphi Biosciences | Glen Allen | VA | 0.56 | 0.09 | 1.54 | 522% | -94% |
MeadWestvaco | Richmond | VA | 39.62 | 6.99 | 27.88 | 467% | -75% |
MCG Capital Corp | Arlington | VA | 3.38 | 0.61 | 11.59 | 454% | -95% |
Virginia Commerce Bancorp | Arlington | VA | 16.26 | 2.96 | 10.66 | 449% | -72% |
CarMax | Richmond | VA | 44.98 | 8.68 | 19.75 | 418% | -56% |
Corporate Executive Board | Arlington | VA | 66.88 | 12.96 | 60.10 | 416% | -78% |
MAXIMUS | Reston | VA | 43.69 | 8.53 | 9.65 | 412% | -12% |
ePlus | Herndon | VA | 49.74 | 10.81 | 13.47 | 360% | -20% |
Dollar Tree | Chesapeake | VA | 52.77 | 13.19 | 8.64 | 300% | 53% |
Northrop Grumman | Falls Church | VA | 121.06 | 31.33 | 71.34 | 286% | -56% |
comScore | Reston | VA | 31.36 | 8.23 | 32.63 | 281% | -75% |
MicroStrategy | Tysons Corner | VA | 121.42 | 33.80 | 95.10 | 259% | -64% |
Norfolk Southern | Norfolk | VA | 95.30 | 27.41 | 50.44 | 248% | -46% |
Advance Auto Parts | Roanoke | VA | 124.56 | 36.43 | 37.99 | 242% | -4% |
NVR Inc | Reston | VA | 1,090.13 | 320.55 | 524.00 | 240% | -39% |
Access National | Reston | VA | 14.46 | 4.32 | 6.04 | 235% | -28% |
Avalonbay Communities | Arlington | VA | 139.33 | 42.14 | 94.14 | 231% | -55% |
Cardinal Financial | McLean | VA | 16.83 | 5.12 | 9.32 | 229% | -45% |
Beacon Roofing Supply | Herndon | VA | 35.30 | 10.84 | 8.42 | 226% | 29% |
General Dynamics | Falls Church | VA | 112.79 | 36.49 | 88.99 | 209% | -59% |
VSE Corp | Alexandria | VA | 64.80 | 21.42 | 48.84 | 203% | -56% |
Markel | Glen Allen | VA | 634.80 | 225.21 | 491.10 | 182% | -54% |
FBR & Co | Arlington | VA | 26.42 | 9.60 | 38.32 | 175% | -75% |
Monarch Financial Holdings | Chesapeake | VA | 11.24 | 4.18 | 7.92 | 169% | -47% |
Gladstone Commercial | McLean | VA | 17.71 | 6.79 | 17.54 | 161% | -61% |
C&F Financial Corp | West Point | VA | 32.46 | 12.57 | 30.25 | 158% | -58% |
Hooker Furniture | Martinsville | VA | 14.19 | 5.52 | 20.10 | 157% | -73% |
Altria Group | Richmond | VA | 40.20 | 15.72 | 23.31 | 156% | -33% |
Union First Market Bankshares | Richmond | VA | 25.43 | 10.41 | 21.14 | 144% | -51% |
VeriSign | Reston | VA | 47.93 | 20.06 | 37.61 | 139% | -47% |
Alliant Techsystems | Arlington | VA | 150.59 | 63.40 | 113.76 | 138% | -44% |
Southern National Bancorp VA | McLean | VA | 10.14 | 4.41 | 9.00 | 130% | -51% |
Orbital Sciences | Dulles | VA | 27.63 | 12.18 | 24.52 | 127% | -50% |
Leidos Holdings | Reston | VA | 37.88 | 17.54 | 20.12 | 116% | -13% |
Universal Corp | Richmond | VA | 55.33 | 26.15 | 51.22 | 112% | -49% |
American Woodmark | Winchester | VA | 27.96 | 13.88 | 18.18 | 101% | -24% |
Computer Sciences Corp | Falls Church | VA | 62.39 | 32.84 | 49.47 | 90% | -34% |
National Bankshares | Blacksburg | VA | 32.94 | 18.03 | 17.10 | 83% | 5% |
CACI Intl | Arlington | VA | 72.27 | 40.98 | 44.77 | 76% | -8% |
First Community Bancshares | Bluefield | VA | 14.40 | 8.28 | 31.89 | 74% | -74% |
NeuStar | Sterling | VA | 26.42 | 15.63 | 28.68 | 69% | -46% |
K12 Inc | Herndon | VA | 24.42 | 14.75 | 25.87 | 66% | -43% |
Middleburg Financial | Middleburg | VA | 18.52 | 11.31 | 21.32 | 64% | -47% |
ICF Intl | Fairfax | VA | 36.35 | 22.55 | 25.26 | 61% | -11% |
Owens & Minor | Mechanicsville | VA | 33.34 | 21.31 | 28.29 | 56% | -25% |
Shenandoah Telecommunications | Edinburg | VA | 26.95 | 17.73 | 23.98 | 52% | -26% |
USA Mobility | Springfield | VA | 15.17 | 10.32 | 14.30 | 47% | -28% |
American National Bankshares | Danville | VA | 21.50 | 15.50 | 19.97 | 39% | -22% |
Tredegar | Richmond | VA | 20.34 | 15.20 | 16.08 | 34% | -5% |
Towne Bank | Portsmouth | VA | 15.21 | 11.84 | 15.63 | 28% | -24% |
Dynex Capital | Glen Allen | VA | 8.46 | 6.90 | 8.87 | 23% | -22% |
Brink's | Richmond | VA | 25.25 | 21.38 | 59.74 | 18% | -64% |
NTELOS Holdings | Waynesboro | VA | 13.92 | 17.89 | 29.69 | -22% | -40% |
ManTech Intl | Fairfax | VA | 30.80 | 43.98 | 43.82 | -30% | 0% |
Alpha Natural Resources | Bristol | VA | 4.29 | 10.13 | 35.75 | -58% | -72% |
Strayer Education | Herndon | VA | 53.70 | 159.43 | 170.58 | -66% | -7% |
NCI Inc | Reston | VA | 8.49 | 26.25 | 17.11 | -68% | 53% |
Star Scientific | Glen Allen | VA | 0.58 | 2.79 | 0.80 | -79% | 251% |
NII Holdings | Reston | VA | 0.70 | 12.60 | 48.32 | -94% | -74% |
Hampton Roads Bankshares | Virginia Beach | VA | 1.65 | 158.75 | 314.00 | -99% | -49% |
Average % Change all 72 | 349% | -41% |