Top Performing Industries For June 4 (CNC, VRTB, HIF, LGF)


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By 1:37 pm, the Dow Jones Industrial Average had slipped 258.84 points, or 2.52%, to 9,996.44 and the broader Standard & Poor's 500 had fallen 28.55 points, or 2.59%. The Nasdaq composite index too was down after declining 61.63 points, or 2.68%.Though most of the industries were falling today, the following were performing better than others.Health Care Plans: The top gainer of the day, this industry added 1.23% by 1:18 pm. The top performer in this industry, Centene Corp (NYSE: CNC), rose by 4.16%. CNC’s Indiana subsidiary, Managed Health Services (NYSE: MHS), today received an expanded managed care contract from Medicaid Policy and Planning’s (OMPP) Indiana Office.Mortgage Investment: This industry slipped 0.22% by 1:18 pm. The top gainer within the industry, Vestin Realty Mortgage II Inc (NASDAQ: VRTB), added 3.39%. VRTB dropped 31.40% over the past 52 weeks, while the S&P 500 rose 17.02% during the same period.Closed-End Fund - Debt: This industry moved down 0.33% by 1:18 pm, with Western Asset High Income Fund (NYSE: HIF) climbing 3% to gain the top spot. This close ended fixed income mutual fund was launched by Western Asset Management Company and is advised and sub-advised by Legg Mason Partners Fund Advisor LLC and Western Asset Management Company, respectively.Movie Production, Theaters: The industry, which dropped 0.76%, has the top gainer in the form of Lions Gate Entertainment Corp (NASDAQ: LGF), which gained 0.42%. The movie studio posted narrower fiscal 2010 loss of $19.5 million, or $0.17 per share, as compared to $178.5 million, or $1.53 per share.Read more

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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