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Craft Services
(MONEY Magazine) – Knitting. Needlepoint. Glue gunning. Ceramics. We're not sure anyone's actually doing more of these homey activities after Sept. 11, but the market seems to think they will. As the chart shows, shares of the biggest public crafts retailers have taken off since the tragedy. --S.D.S. Initial investment of $100 on Sept. 7, 2001 A.C. Moore Arts & Crafts (ACMR) $173.61 Hancock Fabrics (HKF) $136.18 Michaels Stores (MIKE) $128.94 S&P 500 $106.01 Note: Data as of Nov. 19. Source: Baseline. |
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