Pearson Stock at Its Lowest Since 2009
According to NASDAQ, on December 18, 2015, Pearson (PLC) stock closed at $11.06 per share– its lowest since the effect of the financial crisis of 2008. Pearson was last at around $11 per share in the summer of 2009.
Pearson stock flux per share over 2015:
(Click images to enlarge)
Pearson stock flux per share over two years (2014 and 2015):
Pearson stock flux per share over five years (2011-2015):
Pearson stock flux per share over seven years (2009-2015):
Pearson stock flux per share over ten years (2006-2015):
In June 2015, UK-based marketing research firm, Questor, advised Pearson investors to sell their Pearson shares.
In September 2015, Pearson CEO John Fallon launched an effort to “win hearts and minds” by “build[ing] the Pearson brand much more proactively.” That same month, Valerie Strauss featured an excerpt from the Pearson chapter in my book, Common Core Dilemma on her Washington Post Answer Sheet blog. Pearson North America President Don Kilburn responded to the chapter excerpt, and I responded to Kilburn. (Click here to read the full exchange.)
Of course, Kilburn is interested in what interests Fallon– polishing the public image of Pearson. Profits depend upon it.
Based upon December 18, 2015 NASDAQ info, it looks like Pearson is going to need a lot more polish.