Saturday, October 25, 2014

North Carolina Company Stock Market Prices Up 439% Since March 6, 2009.....North Carolina State Unemployment Rate Drops Sharply From 10.9% in October 2009 to 6.7% in September 2014

Since there is an important upcoming North Carolina US Senate Race, I think it would be helpful to update how North Carolina Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.

During this five years and eight months period of time from March 6, 2009 through October 24, 2014, Kay Hagan was a North Carolina US Senator.

I found 48 North Carolina Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each 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 October 24, 2014.
I also included 4 North Carolina Companies which were sold in 2014 and 1 North Carolina Company whose common stock first started trading in 2008.  That makes a total of 53 North Carolina Companies shown below.

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

These 53 North Carolina Companies had their average equal-company-weighted stock market prices decline by a huge 52% 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 five years and eight months since March 6, 2009 through October 24, 2014, the average stock market prices of these same 53 North Carolina Companies have increased by an exceptional 439%.     

Below here are the stock market prices of each of these 53 North Carolina Companies on October 24, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes: 






Market Market Market






Price Price Price






% % %






Change Change Change



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



Price Price Price to to to
North Carolina Company HQs
10-24-14 3-6-09 10-24-14 8-18-14 3-6-09 10-24-14



$s $s $s











Sonic Automotive Charlotte NC      23.57        0.95      19.36 2381% -95% 22%
Salix Pharmaceuticals Raleigh NC     140.42        6.49        7.88 2064% -18% 1682%
Hanesbrands Wimston-Salem NC     109.53        6.14      27.17 1684% -77% 303%
Krispy Kreme Doughnuts Winston-Salem NC      17.30        1.15        3.16 1404% -64% 447%
RF Micro Devices Greensboro NC      10.62        0.76        5.71 1297% -87% 86%
Polypore  Charlotte NC      40.21        2.93      17.50 1272% -83% 130%
Unifi Greensboro NC      24.76        1.83        7.26 1253% -75% 241%
BioCryst Pharmaceuticals Durham NC      11.83        1.19        6.18 894% -81% 91%
Belk Inc Charlotte NC      49.50        5.30      31.50 834% -83% 57%
Tree.Com Charlotte NC      36.45        3.97        7.32 818% -46% 398%
Old Dominion Freight Line Thomasville NC      70.26        8.50      10.27 726% -17% 584%
NewBridge Bancorp Greensboro NC        7.93        1.05      10.79 655% -90% -27%
Culp High Point NC      18.07        2.79        6.96 548% -60% 160%
Ingersoll-Rand Davidson NC      60.26        9.45      37.09 538% -75% 62%
BioDelivery Sciences Raleigh NC      16.62        2.92        2.93 469% 0% 467%
VF Corp Greensboro NC      66.50      11.91      17.17 458% -31% 287%
Bank of America Charlotte NC      16.72        3.14      41.26 432% -92% -59%
Carlisle Cos Charlotte NC      85.68      18.11      37.03 373% -51% 131%
Triangle Capital Raleigh NC      25.32        5.60      12.40 352% -55% 104%
Chelsea Therapeutics Charlotte NC        6.52        1.50        7.35 335% -80% -11%
Red Hat Raleigh NC      56.02      13.43      20.84 317% -36% 169%
EnPro Industries Charlotte  NC       61.00      14.63      30.65 317% -52% 99%
Lowe's Mooresville NC      55.33      13.39      22.62 313% -41% 145%
Reynolds American Winston-Salem NC      61.55      16.08      32.98 283% -51% 87%
Lorillard Greensboro NC      60.67      19.23      28.43 216% -32% 113%
Investors Title Co Chapel Hill NC      71.39      23.00      38.39 210% -40% 86%
First Citizens Bancshares Raleigh NC     234.48      76.95     145.85 205% -47% 61%
Cornerstone Therapeutics Cary NC        9.49        3.21      12.70 196% -75% -25%
PowerSecure Intl Wake Forest NC        9.87        3.46      13.50 185% -74% -27%
BNC Bancorp High Point NC      16.38        5.75      16.91 185% -66% -3%
Tanger Factory Outlet Centers Greensboro NC      35.29      13.20      18.86 167% -30% 87%
BB&T Corp Winston-Salem NC      36.66      13.73      30.67 167% -55% 20%
The Cato Corp Charlotte NC      35.01      13.46      15.66 160% -14% 124%
Family Dollar Stores Matthews NC      77.95      30.36      19.23 157% 58% 305%
Harris Teeter Supermarkets Matthews NC      49.37      19.51      34.67 153% -44% 42%
Highwoods Properties Raleigh NC      41.97      16.72      29.38 151% -43% 43%
First Bancorp Troy NC      17.23        7.39      18.89 133% -61% -9%
SPX Corp Charlotte NC      91.68      41.50     102.85 121% -60% -11%
Coca-Cola Bottling Charlotte NC      82.61      38.29      58.88 116% -35% 40%
Ingles Markets Black Mountain NC      24.63      11.62      25.39 112% -54% -3%
VantageSouth Bancshares Raleigh NC        6.04        3.00        9.50 101% -68% -36%
Laboratory Corp America Burlington NC     103.73      54.99      75.53 89% -27% 37%
Yadkin Financial Elkin NC      18.93      10.47      45.81 81% -77% -59%
Martin Marietta Materials Raleigh NC     122.93      69.96     132.60 76% -47% -7%
POZEN Chapel Hill NC        8.75        4.99      12.00 75% -58% -27%
Speedway Motorsports Concord NC      18.21      10.74      31.08 70% -65% -41%
Nucor Charlotte NC      52.79      32.34      59.22 63% -45% -11%
The Pantry Cary NC      24.48      15.01      26.13 63% -43% -6%
Pike Corp Mount Airy NC      11.97        7.57      16.76 58% -55% -29%
Cree Durham NC      29.67      18.83      27.47 58% -31% 8%
Snyder's-Lance Charlotte NC      27.72      21.64      20.42 28% 6% 36%
Alliance One Intl Morrisville NC        1.97        3.16        4.07 -38% -22% -52%
CommunityOne Bancorp Asheboro NC        9.05     175.00     1,216.00 -95% -86% -99%









Average % Change all 53 North Carolina Companies



439% -52% 117%