Skip to main content

Market Overview

Worst Performing Industries For June 17, 2016

Share:

The Dow fell 0.40 percent to 17,660.88, while the NASDAQ composite index declined 0.83 percent to 4,804.84. The broader Standard & Poor's 500 index dropped 0.45 percent to 2,068.58.

The worst performing industries in the market today are:

Computers Wholesale: This industry slipped 1.9 percent by 11:00 am. The worst stock within the industry was Speed Commerce Inc (OTC: SPDC), which fell 35 percent. Speed Commerce shares have dropped 98.21 percent over the past 52 weeks, while the S&P 500 index has declined 1.52 percent in the same period.

Electronic Equipment: This industry declined 1.6 percent by 11:00 am with Apple Inc. (NASDAQ: AAPL) moving down 2.2 percent. Brean Capital maintained a Buy rating for Apple, with a price target of $125.

Long Distance Carriers: This industry fell 1.5 percent by 11:00 am ET. General Communication, Inc. (NASDAQ: GNCMA) shares dropped 2.5 percent in today's trading. General Communication's PEG ratio is 3.92.

Catalog & Mail Order Houses: The industry dropped 1.4 percent by 11:00 am. The worst performer in this industry was Vipshop Holdings Ltd - ADR (NYSE: VIPS), which declined 2.3 percent.

 

Related Articles (AAPL + SPDC)

View Comments and Join the Discussion!

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

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com