The Bloomberg /
Star-Bulletin Index
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Cyanotech lifts
Cyanotech Corp. was the top gainer in the Bloomberg Honolulu Star-Bulletin stock index this week with a 6.7 percent increase.
Cyanotech's gain left it at 64 cents, still below the $1 level it will need to sustain for 10 days to remain on the Nasdaq SmallCap Market. Year to date, the stock is down 1.5 percent, and over the last 12 months it is down 52.6 percent.
The second-highest gainer in the index for the week was Hawaiian Holdings Inc., parent of Hawaiian Airlines, which increased more than 5 percent to close at $4.99. Hawaiian is off 25 percent for the last 12 months.
The Bloomberg / Star-Bulletin Index is a price-weighted index designed to measure the performance of Hawaii-based companies. The index was developed with a base value of 100 as of December 31, 1999. A chart of the index which shows the weekly performance of its members is published weekly in the Honolulu Star-Bulletin.
SOURCE: BLOOMBERG NEWS / STAR-BULLETIN GRAPHIC