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The Bloomberg /
Star-Bulletin Index
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Cyanotech gains
Cyanotech Corp. was the top gainer in the Bloomberg Honolulu Star-Bulletin stock index this week, up nearly 14 percent.
But that gain left the stock at only 50 cents a share, and Cyanotech remains under the threat of delisting from the Nasdaq for its sub-$1 stock price and for late filing of its quarterly financial report.
Year to date, Cyanotech is down 23 percent, and over the last 12 months it is down more than 50 percent.
Last in the index this week was Hoku Scientific Inc., down nearly 11 percent to close at $3.68. Hoku's stock has been sliding since a spike two weeks ago.
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
