January 8, 2010

Boulder Valley stocks bounce back from poor showing in ’08

Stock prices of seven of the 10 companies in the Boulder Valley publically traded on major exchanges increased during 2009 mirroring the rise of U.S. stocks.

Combined value of stocks of Boulder Valley companies increased 17.4 percent, marking a distinct turnaround from 2008 when prices dipped. This percentage gain does not reflect an index, but provides a reasonable snapshot of the performance of stocks of these local companies.

U.S. stocks ended 2009 with their best gains since 2003. The Standard & Poor’s 500 index rose 23.5 percent for the year, while the Dow climbed 18.8 percent and the Nasdaq jumped 43.9 percent…

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