Top Performing Industries For September 16, 2016

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At 10:30 am, the Dow fell 0.63 percent to 18,098.15, the broader Standard & Poor's 500 index moved down 0.70 percent to 2,132.28 and the NASDAQ composite index dropped 0.50 percent to 5,223.35.

The industries that are still afloat in the market today are:

  • Photographic Equipment & Supplies: This industry gained 4.1 percent by 10:30 am. The top stock within the industry was GoPro Inc GPRO, which gained 4.4 percent. Bank of America initiated coverage on GoPro with a Buy rating.
  • Electronics Stores: This industry rose 0.7 percent by 10:30 am ET. The top performer in this industry was Conn's Inc CONN, which gained 4.2 percent. Conn's shares have declined 65.28 percent over the past 52 weeks, while the S&P 500 index has increased 7.62 percent in the same period.
  • Biotechnology: The industry gained 0.6 percent by 10:30 am. The top performer in this industry was Stellar Biotechnologies Inc SBOT, which gained 14 percent. Stellar Biotechnologies’ filling showed that selling shareholders are offering up to 1.265 million common shares they may acquire upon the exercise of outstanding warrants.
  • Catalog & Mail Order Houses: This industry moved up 0.5 percent by 10:30 am. The top performer in this industry was Lightinthebox Holding Co Ltd-ADR LITB, which rose 3.7 percent. LightInTheBox is expected to report Q2 financial results on September 19, 2016.
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