Worst Performing Industries For April 10, 2015
The Dow climbed 0.35% to 18,021.75, while the NASDAQ composite index rose 0.25% to 4,986.93. The broader Standard & Poor's 500 index gained 0.37% to 2,098.99.
The worst performing industries in the market today are:
Restaurants: This industry fell 2.5% by 11:00 am ET. Chanticleer Holdings, Inc. (NASDAQ: HOTR) shares dropped 2.2% in today's trading. Chanticleer Holdings' trailing-twelve-month ROE is -39.48%. On Friday, April 10, shares of Chanticleer closed up 2.38% at $3.01.
Nonmetallic Mineral Mining: The industry dropped 1.6% by 11:00 am. The worst performer in this industry was Alpha Natural Resources, Inc. (NYSE: ANR), which declined 3.7%. Alpha Natural Resources is expected to report its Q1 results on Thursday, April 30, 2015.
Sporting Goods Stores: This industry declined 1.5% by 11:00 am with Cabela's Incorporated (NYSE: CAB) moving down 2.8%. Goldman Sachs downgraded Cabela's from Neutral to Sell, according to Bloomberg.
Copper: This industry tumbled 1% by 11:00 am. The worst stock within the industry was Freeport-McMoRan Inc. (NYSE: FCX), which fell 1.8%. Freeport-McMoRan shares have dropped 42.32% over the past 52 weeks, while the S&P 500 index has gained 15.17% in the same period.
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