Top Performing Industries For September 13 (MIPS, PTC, IIJI, EDUC)
At 11:53 am, the Dow gained 0.60% to 10,525.09, the broader Standard & Poor's 500 index moved up 0.96% to 1,120.23 and the NASDAQ composite index rose 1.59% to 2,278.16.
The industries that are driving the market today are:
Semiconductor- Memory Chips: This industry jumped 4.81% by 11:53 am. The top stock within the industry was MIPS Technologies Inc (NASDAQ: MIPS), which rose 1.30%. Analysts at Benchmark initiated coverage of MIPS with a “buy” rating.
Business Equipment: This industry rose 4.71% by 11:53 am ET. The top performer in this industry was PAR Technology Corporation (NYSE: PTC), which gained 4.85%. PTC's quarterly earnings surged 256.70% y/y.
Internet Service Providers: This industry moved up 4.06% by 11:53 am, with Internet Initiative Japan Inc (NASDAQ: IIJI) moving up 3.96% to gain the top spot. IIJI has acquired a complete stake in the subsidiary established by AT&T Japan.
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Wholesale, Other: The industry, which gained 3.74%, saw Educational Development Corp (NASDAQ: EDUC) as the top gainer. EDUC's shares rose 6.79%. EDUC has a dividend yield of 8.60%.
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