ID/Baird Index takes a hit

By Industrial Distribution Staff -- Industrial Distribution, 9/1/1999

Since last month, the collective market cap of the 22 stocks included in the ID/Baird Index declined 9.4 percent, taking the index to new lows since it debuted in January. For the year, the ID/Baird Index is up 2.9 percent. Applied Industrial (down 20 percent), Barnes, W.W. Grainger, Industrial Distribution Group, Pentacon, Kaman, Lawson, Vallen, WESCO, Questron and Genuine Parts recorded the most significant declines, while those posting the most significant improvement included White Cap, which gained on news of a management buyout, and Airgas, Fastenal, MSC Industrial and Premier Farnell.

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

• Topics
• Author

Related Content

 

By This Author

• Questions & Answers—Thoughts and insights from distribution executives
• The Drake Nut
• Unique dual function switch
• Broad line of steel
• Line of flexible medical air handling hose
• » MORE

Sponsored Links