Duluth Holdings, Exact Sciences among stock winners
In a down year for the stock market, area companies were among the big winners and the biggest losers among publicly traded companies in Wisconsin, according to an article in the Wisconsin State Journal.
The Dow ended 2018 down 5.6 percent from its closing price on Dec. 31, 2017, the S&P 500 declined 6.2 percent, and the Nasdaq Composite decreased by 3.9 percent, but two Madison area stocks — Mount Horeb-based Duluth Holdings and cancer diagnostics developer Exact Sciences — were among the highest earners for 2018. Duluth Holdings, a work wear retailer, wowed stock analysts by growing 41.3 percent, while Exact Sciences, maker of the noninvasive colorectal cancer screen Cologuard, saw its shares rise 20.1 percent in value.
On the flip side, two other local stocks — consumer products company Spectrum Brands of Middleton and Madison biopharmaceutical company Cellectar Biosciences — experienced some of the biggest declines.
Of the 54 publicly traded Wisconsin companies with stock prices above $1 per share, only 11 had “up” years.