Market Overview

Worst Performing Industries For April 26, 2016

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The Dow fell 0.03 percent to 17,972.38, while the NASDAQ composite index declined 0.11 percent to 4,890.48. The broader Standard & Poor's 500 index rose 0.09 percent to 2,089.60.

The worst performing industries in the market today are:

Appliances: This industry slipped 5.9 percent by 11:00 am. The worst stock within the industry was Whirlpool Corporation (NYSE: WHR), which fell 4.8 percent. Whirlpool reported weaker-than-expected Q1 results.

Drug Manufacturers - Other: This industry declined 1.3 percent by 11:00 am with Alexza Pharmaceuticals, Inc. (NASDAQ: ALXA) moving down 7.9 percent. Alexza Pharmaceuticals shares have declined 69.23 percent over the past 52 weeks, while the S&P 500 index has dropped 1.28 percent in the same period.

Computer Peripherals: This industry fell 1.2 percent by 11:00 am ET. 3D Systems Corporation (NYSE: DDD) shares dropped 5.5 percent in today's trading. Needham downgraded 3D Systems from Buy to Hold.

Regional Airlines: The industry dropped 1.6 percent by 11:00 am. The worst performer in this industry was JetBlue Airways Corporation (NASDAQ: JBLU), which declined 6.4 percent. JetBlue reported Q1 earnings of $0.59 per share on revenue of $1.6 billion.

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

 

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