Market Overview

Worst Performing Industries For April 9, 2015

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The Dow dropped 0.19% to 17,868.74, while the NASDAQ composite index fell 0.12% to 4,944.90. The broader Standard & Poor's 500 index slipped 0.12% to 2,079.31.

The worst performing industries in the market today are:

Home Furnishing Stores: This industry fell 2% by 11:00 am ET. Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares dropped 4.3% in today's trading. Bed Bath & Beyond reported downbeat sales for its fiscal fourth quarter and issued a weak forecast. However, the company reported in-line earnings for the latest quarter.

Building Materials Wholesale: The industry dropped 1.7% by 11:00 am. The worst performer in this industry was Louisiana-Pacific Corp. (NYSE: LPX), which declined 1.8%. Louisiana-Pacific's trailing-twelve-month ROE is -6.27%.

Nonmetallic Mineral Mining: This industry declined 1.4% by 11:00 am with SinoCoking Coal and Coke Chemical Industries, Inc. (NASDAQ: SCOK) moving down 3%. SinoCoking Coal and Coke Chemical shares have jumped 124.79% over the past 52 weeks, while the S&P 500 index has gained 11.20% in the same period.

Toy & Hobby Stores: This industry tumbled 1.1% by 11:00 am. The worst stock within the industry was Build-A-Bear Workshop Inc. (NYSE: BBW), which fell 1.3%. Build-A-Bear's trailing-twelve-month EPS is $0.81.

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

 

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