Market Overview

Worst Performing Industries For February 4, 2015

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The Dow climbed 0.19% to 17,699.60, while the NASDAQ composite index fell 0.33% to 4,712.31. The broader Standard & Poor's 500 index declined 0.17% to 2,046.63.

The worst performing industries in the market today are:

Photographic Equipment & Supplies: This industry fell 5.2% by 11:00 am ET. GoPro, Inc. (NASDAQ: GPRO) shares dropped 4.7% in today's trading. GoPro is projected to report Q4 earnings on Thursday.

Synthetics: This industry tumbled 2.8% by 11:00 am. The worst stock within the industry was Tronox Limited (NYSE: TROX), which fell 4%. FMC Corporation (NYSE: FMC) agreed to sell its Alkali Chemicals business to Tronox in a transaction valued at $1.64 billion.

Office Supplies: This industry declined 2.4% by 11:00 am with The Standard Register Company (NYSE: SR) moving down 10.6%. Standard Register shares have dropped 80.42% over the past 52 weeks, while the S&P 500 index has gained 15.35% in the same period.

Biotechnology: The industry dropped 2.2% by 11:00 am. The worst performer in this industry was Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN), which declined 17%. Achillion Pharmaceuticals' PEG ratio is -1.25.

 

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