Top Performing Industries For August 10 (HAST, FOSL, TMX, RGC)
At 11:14 am, the Dow lost 0.91% to 10,601.76, the broader Standard & Poor's 500 index moved down 1.03% to 1,116.19 and the NASDAQ composite index fell 1.50% to 2,271.14.
The industries that are still afloat in the market today are:
Music & Video Stores: This industry jumped 4.32% by 11:14 am. The top stock within the industry was Hastings Entertainment Inc (NASDAQ: HAST), which rose 1.94%. The Board of Directors of HAST has authorized a stock repurchase program of about $10.0 million.
Recreational Goods, Other: This industry rose 1.49% by 11:14 am ET. The top performer in this industry was Fossil Inc (NASDAQ: FOSL), which gained 7.25%. FOSL has reported a 227% y/y rise in its Q2 income.
Long Distance Carriers: This industry moved up 1.27% by 11:14 am, with Telefonos de Mexico SA de CV (NYSE: TMX) moving up 1.46% to gain the top spot. TMX’s shares have lost 9.75% over the past 52 weeks, while the S&P 500 index has gained 11.98% in the same period.
Movie Production, Theaters: The industry, which gained 0.91%, saw Regal Entertainment Group (NYSE: RGC) as the top gainer. RGC’s shares rose 2.61%. RGC has planned to offer $275 million of its senior notes due 2018.
Read more from Benzinga's Company news.
