The Industry’S Stock Market Value Plunged By 39.5% In 2008

2009-01-05T00:00:00

Publicly listed sporting goods vendors and retailers did not perform better than the stock market in general. At $98.9 billion, their combined stock market capitalization as of Dec. 30 was 39.5 percent lower than at the same time one year earlier, completely wiping out the 16.9 percent gain they had ...

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