EP Award Promo

Majority of Iowa stocks post gains in October

/wp-content/uploads/2022/11/BR_web_311x311.jpeg

Thirteen of the 17 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month of October. One company posted a double-digit percentage gain in the month. Four Iowa-based stocks posted losses, with one being a double-digit percentage loss.

Renewable Energy Group Inc. had the largest gain of the month with a 27.49% increase. American Equity Investment Life Holding had the second-biggest gain at 7.78%. Ames National Corp. had the third-biggest with a 6.64% increase.

On Oct. 7 it was announced that Meredith Corp., producer of magazine titles such as Better Homes and Gardens and People, will be acquired by InterActiveCorp.’s  Dotdash for $2.7 billion, in a deal that is expected to close by the end of the year.

United Fire Group Inc. posted the biggest percentage loss at 11.56%. Flexsteel Industries Inc. had the second-biggest loss with a 9.33% decrease. Lee Enterprises Inc. was third with a 7.46% decrease.

The Iowa Index, an unweighted average price of 17 Iowa-based public companies, increased 3.30% in October, compared with a 7.27% increase in the Nasdaq stock index and a 5.84% increase in the Dow Jones Industrial Average.

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!

hy vee web 030123 300x250