h digitalfootprint web 728x90

Iowa Index rises slightly in January


Nine of 20 Iowa-based companies posted stock price gains for the month of January. Eleven companies posted losses. 

While we normally look at the index a month at a time, it’s important to note that the volatility in February has left the Iowa Index up 12% year-to-date as of this morning. 

The top three Iowa stocks that posted gains in January were Renewable Energy Group Inc., 57.46%, Lee Enterprises Inc., 15.93% and Winnebago Industries Inc., 13.85%. Winnebago also has the largest year-over-year gain at 91.47%.

The three companies that posted the biggest losses in January were Meredith Corp. at loss of 21.34%, KemPharm Inc. at 19.57% and Heartland Express Inc. at 16.26%. KemPharm had the largest year-over-year loss at 85.82%.

The Iowa Index, an unweighted average price of 20 Iowa-based public companies, increased 1.62% from December and was up 3.63% on a year-over-year basis. 

By comparison, the Dow Jones industrial average gained 4.38% during January and increased 13.03% on a year-over-year basis. The Nasdaq composite gained 10.56% during January and increased 25.67% from a year ago. 

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

Facebook Notice for EU! You need to login to view and post FB Comments!

uofitippie web 030123 300x250