Worst Performing Industries For June 9, 2016

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The Dow fell 0.40 percent to 17,933.72, while the NASDAQ composite index declined 0.41 percent to 4,954.51. The broader Standard & Poor's 500 index fell 0.45 percent to 2,109.66. The worst performing industries in the market today are:
Home Furnishing Stores:
This industry slipped 5.7 percent by 11:00 am. The worst stock within the industry was
Restoration Hardware Holdings IncRH
, which fell 21 percent. Restoration Hardware reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast. Deutsche Bank downgraded Restoration Hardware from Buy to Hold and lowered the price target from $50.00 to $35.00.
Electronics Stores:
This industry declined 2.7 percent by 11:00 am with
Conn's Inc CONN
moving down 3.3 percent. Conn's PEG ratio is -2.81.
Publishing - Books:
This industry fell 2.5 percent by 11:00 am ET.
Pearson PLC (ADR)PSO
shares dropped 3 percent in today's trading. Pearson shares have declined 38.02 percent over the past 52 weeks, while the S&P 500 index has gained 0.49 percent in the same period.
Investment Brokerage - Regional:
The industry dropped 2.3 percent by 11:00 am. The worst performer in this industry was
Investment Technology GroupITG
, which declined 5.9 percent.
Posted In: NewsMovers & ShakersIntraday UpdateMarketsWorst Performing Industries
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