Market Overview

Worst Performing Industries For April 21, 2016

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The Dow fell 0.04 percent to 18,089.38, while the NASDAQ composite index gained 0.22 percent to 4,958.92. The broader Standard & Poor's 500 index fell 0.02 percent to 2,101.95.

The worst performing industries in the market today are:

Toys & Games: This industry slipped 4.2 percent by 11:00 am. The worst stock within the industry was Mattel, Inc. (NASDAQ: MAT), which fell 7.6 percent. Mattel reported a wider-than-expected Q1 loss.

Resorts & Casinos: This industry declined 2.5 percent by 11:00 am with Las Vegas Sands Corp. (NYSE: LVS) moving down 11 percent. Las Vegas Sands reported weaker-than-expected Q1 results.

Cigarettes: This industry fell 1.9 percent by 11:00 am ET. Vapor Corp (OTC: VPCO) shares dropped 25 percent in today's trading. Vapor shares have dropped 99.80 percent over the past 52 weeks, while the S&P 500 index has declined 0.50 percent in the same period.

Telecom Services - Domestic: The industry dropped 1.5 percent by 11:00 am. The worst performer in this industry was Verizon Communications Inc. (NYSE: VZ), which declined 2.6 percent. Verizon reported Q1 earnings of $1.06 per share on revenue of $32.2 billion.

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

 

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