Sporting Goods Stocks Jump Double Digits in 2017
Industry stocks leaped 19.3% higher in local currencies last year with all segments and regions posting gains, rebounding strongly from a flat performance in 2016 and buoyed by exuberant stock markets around the globe. In dollars, the total market capitalization of the 81 companies we tracked rose 12.4% to $364,253 million.
Our methodology for this study compares the market capitalization of all companies in local currencies to arrive at a percentage change for each stock. The data is then converted into US$ at the exchange rate on the last trading day of the year, and weighted by market capitalization to allow ... Log in to view full article.