Market Overview

Worst Performing Industries For December 23, 2014

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The Dow climbed 0.48% to 18,045.88, while the NASDAQ composite index fell 0.11% to 4,776.23. The broader Standard & Poor's 500 index gained 0.26% to 2,083.96.

The worst performing industries in the market today are:

Drug Related Products:
The industry dropped 3.29% by 11:20 am. The worst performer in this industry was Perrigo Company Public Limited Company (NYSE: PRGO), which declined 3.5%. Perrigo's trailing-twelve-month profit margin is 4.66%.

Drug Manufacturers - Other:
This industry fell 2.62% by 11:20 am ET. Isis Pharmaceuticals, Inc. (NASDAQ: ISIS) shares dropped 7.7% in today's trading. Isis Pharmaceuticals' PEG ratio is -4.49.

Biotechnology:
This industry tumbled 1.92% by 11:20 am. The worst stock within the industry was Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN), which fell 15.9%. Baird downgraded Achillion Pharmaceuticals from Outperform to Neutral and raised the price target from $12.00 to $16.00.

Diagnostic Substances:
This industry declined 1.62% by 11:20 am with Accelerate Diagnostics (NASDAQ: AXDX) moving down 5%. Accelerate Diagnostics shares have jumped 40.42% over the past 52 weeks, while the S&P 500 index has gained 13.38% in the same period.

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

 

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