Worst Performing Industries For May 5, 2016


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The Dow rose 0.28 percent to 17,701.21, while the NASDAQ composite index gained 0.06 percent to 4,728.55. The broader Standard & Poor's 500 index gained 0.23 percent to 2,055.85.The worst performing industries in the market today are: Sporting Goods Stores:

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This industry slipped 1.8 percent by 11:00 am. The worst stock within the industry was Dicks Sporting Goods Inc (NYSE: DKS), which fell 3.4 percent. Analysts at Morgan Stanley downgraded Dicks Sporting from Equal-weight to Underweight. Sporting Activities: This industry declined 1.4 percent by 11:00 am with SeaWorld Entertainment Inc

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(NYSE: SEAS) moving down 8.5 percent. SeaWorld reported Q1 adjusted EPS of $(0.56) on revenue of $220.2 million. Auto Parts Stores: This industry fell 1.1 percent by 11:00 am ET. Advance Auto Parts, Inc. (NYSE: AAP) shares dropped 2.9 percent in today's trading. Raymond James downgraded Advance Auto Parts from Strong Buy to Market Perform. Insurance Brokers: The industry dropped 0.7 percent by 11:00 am. The worst performer in this industry was Examworks Group, Inc. (NASDAQ: EXAM), which declined 0.5 percent.

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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