Iowa stocks end with a split month in October
JOHN RETZLAFF Nov 11, 2019 | 4:27 pm
1 min read time204 wordsAll Latest News, Insurance & Investments
Ten of the 20 Iowa-based companies that make up the Business Record’s Iowa Index posted stock price gains for the month of October, while 10 posted losses for the month.
Two companies posted double-digit percentage gains: Winnebago Industries Inc. at 25.35% and Flexsteel Industries Inc. at 11.81%. Renewable Energy Group Inc. at 8.86%, West Bancorporation Inc. at 8% and HNI Corp. at 7.04% rounded out the top five Iowa-based stocks with gains.
Three companies posted double-digit percentage losses: KemPharm Inc. at 20.29%, Art’s Way Manufacturing Co. at 14.95% and Lee Enterprises Inc. at 11.27%. NewLink Genetics Corp. at 6.92% and Principal Financial Group Inc. at 6.58% completed the top five Iowa based stocks that posted losses.
The Iowa Index, an unweighted average price of 20 Iowa-based public companies, increased by 2.99% from September and was down 8.10% on a year-over-year basis.
By comparison, the Dow Jones industrial average gained 0.48% during October and increased 7.69% from a year ago. The Nasdaq composite gained 3.66% during the month and increased 13.50% 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.
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