The Bloomberg Honolulu 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.
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Star-Bulletin Index
Cyanotech doubles
Cyanotech Corp.'s stock price more than doubled on heavy volume this week to lead the way in the Honolulu Star-Bulletin index.
The Kona company, which makes nutritional and feed products from microalgae, jumped 104.7 percent to $1.17. It also is the index's top performer for the year with a 192.8 percent gain.
Cyanotech, which posted fiscal second-quarter earnings last week that showed it had narrowed its loss to $10,000, is now above the $1 minimum it needs to avoid delisting from the Nasdaq SmallCap Market.
Source: Bloomberg News STAR-BULLETIN GRAPHIC
