Top Narrow Based Indexes Today
Posted in: Intraday Update, Movers
Despite the abysmal price action today in the market, there were actually some very narrow based sectors that performed well. At the top of this list is Broadcast TV Stocks, which appreciated 2.3% on the day. The next best performing indexes were the Bill Collector Stocks, which were up 1.1%, and Generic Drug Stocks, advancing 0.9%.
Leading the way in the Broadcast TV space was tiny Nexstar Broadcasting Group (NASDAQ: NXST). This stock rose 11.9% to $4.42 today. Bill Collectors were powered by Asset Acceptance Capital Corp. (NASDAQ: AACC). This name appreciated nearly 11% on the day and closed at $6.16. The top performer in the Generic drug space was Momenta Pharmaceuticals (NASDAQ: MNTA), up 12.67% on the session.
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