Market Overview

Worst Performing Industries For April 11, 2016

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The Dow rose 0.48 percent to 17,660.78, while the NASDAQ composite index climbed 0.63 percent to 4,881.12. The broader Standard & Poor's 500 index gained 0.42 percent to 2,056.23.

The worst performing industries in the market today are:

Drug Related Products: This industry slipped 1.3 percent by 11:00 am. The worst stock within the industry was Perrigo Company plc Ordinary Shares (NYSE: PRGO), which fell 1.5 percent. Perrigo shares have declined 36.25 percent over the past 52 weeks, while the S&P 500 index has dropped 2.14 percent in the same period.

REIT - Residential: This industry declined 0.4 percent by 11:00 am with UDR, Inc. (NYSE: UDR) moving down 1.8 percent. Bank of America downgraded UDR from Buy to Underperform.

Recreational Goods, Other: This industry fell 0.3 percent by 11:00 am ET. Liberty Tripadvisor Holdings Inc (NASDAQ: LTRPA) shares dropped 0.7 percent in today's trading. Liberty Tripadvisor shares have dipped 33.93 percent over the past 52 weeks, while the S&P 500 index has declined 2.14 percent in the same period.

Drug Manufacturers - Other: The industry dropped 0.3 percent by 11:00 am. The worst performer in this industry was Endo International plc - Ordinary Shares (NASDAQ: ENDP), which declined 5.9 percent.

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

 

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