|
The Bloomberg /
Star-Bulletin Index
|
Cyanotech leads
Cyanotech Corp., which has received an extension from the Nasdaq to file two of its delayed quarterly financial statements, topped local stocks this week in the Bloomberg Honolulu Star-Bulletin index.
The Kona-based producer of nutritional products from microalgae saw its stock rise 3.9 percent to $1.87. The company is conducting a review of a historic inventory accounting issue.
Bank of Hawaii Corp. had the second-best gain , rising 2.2 percent to $52.96. It hit its all-time closing high of $54.87 on March 20.
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
