Top Performing Industries For August 13, 2015

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At 10:30 am, the Dow gained 0.04 percent to 17,410.16, the broader Standard & Poor's 500 index moved down 0.02 percent to 2,085.66 and the NASDAQ composite index rose 0.21 percent to 5,054.85. The industries that are supporting the market today are:
Photographic Equipment & Supplies:
This industry moved up 5.2 percent by 10:30 am. The top performer in this industry was
GoPro IncGPRO
, which gained 5.4 percent. Analysts at Cowen & Company initiated coverage on GoPro with a Outperform rating and price target of $76.
Networking & Communication Devices:
The industry gained 3.5 percent by 10:30 am. The top performer in this industry was
Cisco Systems, Inc. CSCO
, which gained 4.3 percent. Cisco reported better-than-expected results for its fiscal fourth quarter on Wednesday.
Drug Related Products:
This industry rose 2.2 percent by 10:30 am ET. The top performer in this industry was
Perrigo Company plc Ordinary SharesPRGO
, which gained 2.7 percent.
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Mylan N.V.MYL
has formally lowered the acceptance condition for its offer to acquire Perrigo from not less than 80 percent to greater than 50 percent of Perrigo ordinary shares.
Auto Parts Stores:
This industry jumped 2.2 percent by 10:30 am. The top performer in this industry was
Advance Auto Parts, Inc. AAP
, which rose 6 percent. Advance Auto Parts reported upbeat Q2 earnings.
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Posted In: NewsIntraday UpdateMarketsMoversTop Performing Industries
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