Top Performing Industries For August 31 (NFLX, HL, LGF, BBW)
At 11:24 am, the Dow gained 0.43% to 10,052.52, the broader Standard & Poor's 500 index moved up 0.37% to 1,052.78 and the NASDAQ composite index rose 0.05% to 2,120.93.
The industries that are driving the market today are:
Music & Video Stores: This industry jumped 2.37% by 11:24 am. The top stock within the industry was Netflix Inc (NASDAQ: NFLX), which rose 2.41%. NFLX is planning to test a streaming video service for the Canadian market.
Silver: This industry rose 2.33% by 11:24 am ET. The top performer in this industry was Hecla Mining Company (NYSE: HL), which gained 6.61%. HL’s quarterly earnings surged 583.60% y/y.
Movie Production, Theaters: This industry moved up 2.23% by 11:24 am, with Lions Gate Entertainment Corporation (NYSE: LGF) moving up 12.63% to gain the top spot. Investor Carl Icahn has raised its offer for LGF to $7.50 per share, from his earlier offer of $6.50 per share.
Toy & Hobby Stores: The industry, which gained 2.20%, saw Build-A-Bear Workshop Inc (NYSE: BBW) as the top gainer. BBW’s shares rose 2.79%. BBW’s earnings are likely to grow by 212.50% in the next year.
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