Iowa Index of stocks up slightly in August

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Three Iowa-based companies recorded tidy double-digit stock price gains in August, but most of the 22 companies with Iowa headquarters had modest price gains or declines last month. 

Leading the pack was Renewable Energy Group, whose stock was up 58.06 percent in August. Workiva’s share price increased 45.94 percent over July, while KemPharm shares were up 26.83 percent over the previous month. Nine of the Iowa stocks gained in value for the month while 12 declined and one company, Art’s Way Manufacturing Co., remained unchanged. 

The Iowa Index, an unweighted average price of 22 Iowa-based public companies, increased by 0.97 percent from July and was up 3.91 percent on a year-over-year basis, the Business Record’s monthly snapshot of Iowa companies shows. 

The Dow Jones industrial average had a stronger showing in August, gaining nearly 550 points in value, a 2.16 percent gain during the month and up 18.3 percent from August 2017.  

The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.

See the full Iowa Index

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