Worst Performing Industries For July 14, 2014
The Dow jumped 0.77% to 17,074.40, while the NASDAQ composite index rose 0.47% to 4,436.25. The broader Standard & Poor's 500 index gained 0.53% to 1,978.08.
The worst performing industries in the market today are:
Silver: This industry tumbled 2.09% by 10:35 am. The worst stock within the industry was First Majestic Silver (NYSE: AG), which fell 5.3%. The company announced the spin-out of non-core exploration properties. Total production at its five operating silver mines in Mexico reached a new quarterly record of 3,855,224 equivalent ounces of silver for the second quarter.
Appliances: This industry fell 1.07% by 10:35 am ET. Appliance Recycling Centers of America (NASDAQ: ARCI) shares dropped 1.3% in today's trading. Appliance Recycling Centers of America's trailing-twelve-month profit margin is 3.11%.
Long Distance Carriers: The industry dropped 0.71% by 10:35 am. The worst performer in this industry was Otelco (NASDAQ: OTEL), which declined 0.4%. Otelco is expected to release its Q2 financial and operational results on August 6, 2014.
Drug Related Products: This industry moved down 0.69% by 10:35 am, with Perrigo Company Public Limited Company (NYSE: PRGO) moving down 0.4%. Perrigo shares have gained 13.89% over the past 52 weeks, while the S&P 500 index has surged 16.94% in the same period.
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