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Worst Performing Industries For August 5, 2014

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The Dow dropped 0.37% to 16,507.63, while the NASDAQ composite index fell 0.27% to 4,372.00. The broader Standard & Poor's 500 index dropped 0.40% to 1,931.34.

The worst performing industries in the market today are:

Building Materials Wholesale:

This industry tumbled 4.61% by 12:00 pm. The worst stock within the industry was Louisiana-Pacific (NYSE: LPX), which fell 6.5%. Louisiana-Pacific reported Q2 earnings of $0.01 per share on revenue of $518.50 million.

Shipping:

This industry fell 4.32% by 12:00 pm ET. GasLog (NYSE: GLOG) shares dropped 5% in today's trading. GasLog shares have jumped 83.41% over the past 52 weeks, while the S&P 500 index has gained 14.24% in the same period.

Photographic Equipment & Supplies:

The industry dropped 2% by 12:00 pm. The worst performer in this industry was Ballantyne Strong (NYSE: BTN), which declined 2.3%. Ballantyne Strong is expected to report Q2 results on August 8, 2014.

Semiconductor - Integrated Circuits:

This industry moved down 1.82% by 12:00 pm, with Taiwan Semiconductor Manufacturing Company (NYSE: TSM) moving down 3.5%. Taiwan Semiconductor Manufacturing's trailing-twelve-month EPS is $1.24.

Posted-In: Worst Performing IndustriesNews Movers & Shakers Intraday Update Markets

 

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