Market Overview

Worst Performing Industries For March 30, 2015

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The Dow gained 1.43% to 17,966.47, while the NASDAQ composite index rose 0.78% to 4,929.40. The broader Standard & Poor's 500 index climbed 0.96% to 2,080.74.

The worst performing industries in the market today are:

Internet Service Providers: This industry fell 1.8% by 11:00 am ET. TrueCar, Inc. (NASDAQ: TRUE) shares dropped 2.4% in today's trading. TrueCar's trailing-twelve-month ROE is -24.80%.

Silver: The industry dropped 1.4% by 11:00 am. The worst performer in this industry was MAG Silver Corp. (NYSE: MVG), which declined 6%. MAG Silver shares have dropped 0.72% over the past 52 weeks, while the S&P 500 index has gained 10.08% in the same period.

Semiconductor - Specialized: This industry tumbled 1% by 11:00 am. The worst stock within the industry was Altera Corp. (NASDAQ: ALTR), which fell 6.5%. According to a report from the Wall Street Journal, Altera is in talks to be acquired by Intel Corporation (NASDAQ: INTC).

Long Distance Carriers: This industry declined 0.9% by 11:00 am with Elephant Talk Communications Corp. (NYSE: ETAK) moving down 3.1%. Elephant Talk Communications is expected to host 2014 year-end conference call on March 31, 2015.

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

 

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