Thus, as a backdrop for this upcoming speech and continuing a much deserved tribute to Bernanke's key role in helping the US avoid a Deep, Prolonged Financial Depression, I think it would be helpful to update just what has been going on with Stock Market Prices for Companies in each US State since March 6, 2009, the lowest point for the overall US Stock Market resulting from the aftershocks of the horrific late 2008 US Financial Meltdown, through the most recent date March 13, 2015......a roughly six year period of time.
Below here are the 2 New Mexico Companies, including Diversified Utility Company PNM Resources, with Stock Market Caps now above $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date March 16, 2015, or the date the Companies were sold, if they were sold since the beginning of 2014.
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 | |||
New Mexico Company | HQs | 3-16-15 | 3-6-09 | 12-31-07 | 3-16-15 | 3-6-09 | 3-16-15 | |
$s | ||||||||
PNM Resources | Albuquerque | NM | 28.18 | 6.20 | 21.45 | 355% | -71% | 31% |
EMCORE | Albuquerque | NM | 5.48 | 2.16 | 61.20 | 154% | -96% | -91% |
Average % Change all 2 | 254% | -84% | -30% |