Market Overview

Worst Performing Industries For November 17, 2014

Share:

The Dow dropped 0.03% to 17,629.19, while the NASDAQ composite index slipped 0.39% to 4,670.25. The broader Standard & Poor's 500 index fell 0.10% to 2,037.84.

The worst performing industries in the market today are:

Nonmetallic Mineral Mining:

The industry dropped 2.61% by 11:00 am. The worst performer in this industry was SinoCoking Coal and Coke Chemical Industries (NASDAQ: SCOK), which declined 9.7%. On Friday, SinoCoking reported a Q1 loss of $0.12 per share on revenue of $13.57 million.

Movie Production, Theaters:

This industry fell 1.82% by 11:00 am ET. DreamWorks Animation SKG (NASDAQ: DWA) shares dropped 13.4% in today's trading. The talks between Hasbro (NASDAQ: HAS) and DreamWorks Animation have apparently stalled and are unlikely to resume, according to sources reported by WSJ.

Semiconductor - Integrated Circuits:

This industry tumbled 1.29% by 11:00 am. The worst stock within the industry was Applied Micro Circuits (NASDAQ: AMCC), which fell 2.2%. Applied Micro Circuits shares have dropped 42.90% over the past 52 weeks, while the S&P 500 index has gained 13.86% in the same period.

Catalog & Mail Order Houses:

This industry declined 1.15% by 11:00 am with LiveDeal (NASDAQ: LIVE) moving down 4.2%. LiveDeal's trailing-twelve-month ROE is -45.83%.

Posted-In: Worst Performing IndustriesNews Movers & Shakers Intraday Update Markets

 

Related Articles (AMCC + DWA)

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