Market Overview

Worst Performing Industries For April 1, 2015

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The Dow dropped 0.92% to 17,612.20, while the NASDAQ composite index fell 0.94% to 4,854.96. The broader Standard & Poor's 500 index declined 0.81% to 2,051.11.

The worst performing industries in the market today are:

Photographic Equipment & Supplies: This industry fell 2.6% by 11:00 am ET. GoPro, Inc. (NASDAQ: GPRO) shares dropped 3.1% in today's trading. GoPro's trailing-twelve-month EPS is $0.92.

Drug Delivery: The industry dropped 2.2% by 11:00 am. The worst performer in this industry was Adamis Pharmaceuticals Corporation (NASDAQ: ADMP), which declined 4.3%. Adamis Pharmaceuticals shares have dropped 34.98% over the past 52 weeks, while the S&P 500 index has gained 9.36% in the same period.

Biotechnology: This industry tumbled 2% by 11:00 am. The worst stock within the industry was Achaogen, Inc. (NASDAQ: AKAO), which fell 19.4%. Achaogen announced its plans to initiate additional Phase 3 trial to evaluate safety and effectiveness of plazomicin for the treatment of complicated urinary tract infections.

Health Care Plans: This industry declined 1.7% by 11:00 am with Connecture, Inc. (NASDAQ: CNXR) moving down 2.2%. Connecture's PEG ratio is -5.49.

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

 

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