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The Honolulu Advertiser
Posted on: Tuesday, March 3, 2009

Nearly all of Isle-based stocks tumble, too

Local companies weren't immune from the stock market slide with most trading at depressed levels from a year ago.

All Hawai'i-based company stocks fell today with the exception of Central Pacific Financial, which continues to trade at prices not seen since late 1990. It rose 1 cent to $3.98 a share yesterday.

Alexander & Baldwin Inc. shares fell 92 cents to $17.87, or the lowest since late 1987, while Barnwell Industries closed down at $2.54, or the lowest since 2000.

Hoku Scientific shares ended trading at $1.98, or near their lowest level since its initial public offering at $6 each in 2005.

Hawaiian Electric Industries stock fell 14 cents to $13.73, a level not seen since the late 1980s. Maui Land & Pineapple Co. shares were off 68 cents to $7.20.


Correction: Shares of Hawaiian Electric Industries closed down 14 cents at $13.73 on Monday, March 2nd. A previous version of this story contained incorrect information.