Issue link: https://nebusinessmedia.uberflip.com/i/542288
6 Worcester Business Journal • July 20, 2015 www.wbjournal.com Knowledge + Experience + Trusted Advice. It all adds up. Large enough to serve the needs of most businesses and individuals; small enough to offer the personal attention you expect and deserve. Greenberg, Rosenblatt, Kull & Bitsoli, PC Certified Public Accountants 306 Main Street, Suite 400 • Worcester, MA 01608 508.791.0901 • www.grkb.com Dover Saddlery Littleton DOVR 4.65 8.4 44.6% Sevcon Inc. Southborough SEV 7.82 10.14 29.7% Virtusa Corp. Westborough VRTU 41.38 51.4 24.2% AbbVie Inc. Worcester ABBV 58.54 67.19 14.8% Unum Group Worcester UNM 33.73 35.75 6% Waters Corp. Milford WAT 124.32 128.38 3.3% EMC Corp. Hopkinton EMC 25.56 26.39 3.2% The Hanover Insurance Group Worcester THG 72.58 74.03 2% Boston Scientific Corp. Marlborough BSX 17.75 17.7 -0.03% Oxford Immunotec Marlborough OXFD 14.08 13.85 -1.6% Kopin Corp. Westborough KOPN 3.52 3.45 -2% Harvard Bioscience Holliston HBIO 5.82 5.7 -2.1% Cognex Corp. Natick CGNX 49.59 48.1 -3% Providence & Worcester Railroad Worcester PWX 18.08 17.34 -4% TJX Cos. Framingham TJX 70.05 66.17 -5.5% Staples Inc. Framingham SPLS 16.28 15.31 -6% IPG Photonics Oxford IPGP 92.7 85.18 -8.1% Aspen Aerogels Northborough ASPN 7.28 6.62 -9.1% ReWalk Robotics Marlborough RWLK 12.36 11.15 -9.8% Psychemedics Inc. Acton PMD 16.59 14.83 -10.6% SeaChange International Acton SEAC 7.85 7.01 -10.7% Arrhythmia Research Technology Fitchburg HRT 7.25 6.27 -13.5% Ocata Therapeutics Marlborough OCAT 6.16 5.27 -14.4% AMSC Devens AMSC 6.44 5.23 -18.8% L.S. Starrett Co. Athol SCX 19 15 -21.1% RXi Pharmaceuticals Marlborough RXII 0.72 0.49 -31.9% Harvard Apparatus Regenerative Technology Holliston HART 3.25 1.43 -56% Company City or town Stock symbol Apr. 1 open June 30 close Change Taking stock Dover Saddlery of Littleton, which has gone private, turned in the best stock performance among Central Massachusetts' public companies in the second quarter of 2015. Sources: Yahoo Finance, Google, Nasdaq, Ycharts (Taking Stock, published in the first issue of the Worcester Business Journal each quarter, highlights the market performance of public companies that are either based or have a significant presence in Central Massachusetts.) A mid a relatively flat second quarter for U.S. stock markets, there were a handful of Central Massachusetts-based companies whose shares did well between April 1 and June 30, led by Dover Saddlery of Littleton. But the equestrian products retailer, whose stock gained nearly 45 percent, is no longer a public company. On July 1, it became part of Waltham-based private equity firm Webster Capital, at a payoff of $8.50 a share to company stockholders, a dime higher than its closing price for the quarter. Dover's stock soared to the $8.50 level in April, when the deal with Webster was announced, and held on. The stock ceased trading as of July 7. Yet Dover went out with a bang during the quarter, opening new stores in Connecticut and California. Among other stocks … Shares of Sevcon, of Southborough, gained close to 30 percent after the maker of microprocessor-based con- trols for hybrid and electric vehicles saw a 13-percent jump in revenue for its previous quarter. Sevcon also announced plans to add 20 jobs after it landed a $600,000 grant from the British government to develop new prod- ucts. Staples lost 6 percent during the quarter as it moves toward its intended merger with chief rival Office Depot. Stock in the Framingham-based office supplies retailer peaked at $19.01 a share when the $6.3-billion deal was announced in February. But it quickly fell to a level it hadn't seen in nearly two years. n Dover Saddlery rides high into the stock sunset BY RICK SAIA Worcester Business Journal Staff Writer