Industry Stocks Gain Slightly in 2011 to $191.3 Billion
Sporting goods stocks continued to outperform the world’s general stock indices with a gain of 2.3%, although that represented a considerable slowdown from the 36.2% gain of last year and the 83.8% surge recorded the year before. Although the aggregate market capitalization of industry stocks grew low-single digits for the calendar year 2011, that was enough to beat the S&P 500 (flat) and NASDAQ (-2.2%) in the U.S. and fall just short of the 5.6% gain of the Dow Jones. Overseas indices were more negative with the FTSE down 6.7%, the DAX off 14.7%, the Nikkei down 17.3% and the ... Log in to view full article.