Market Overview

Top Performing Industries For June 24, 2016

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At 10:30 am, the Dow fell 2.22 percent to 17,611.58, the broader Standard & Poor's 500 index moved down 2.38 percent to 2,062.99 and the NASDAQ composite index declined 2.86 percent to 4,769.86.

The industries that are still afloat in the market today are:

  • Rental & Leasing Services: This industry gained 2.6 percent by 11:00 am. The top stock within the industry was Electro Rent Corporation (NASDAQ: ELRC), which gained 18 percent. Platinum Equity raised Electro Rent purchase price offer to $15.50 per share.
  • Advertising Agencies: This industry rose 2 percent by 10:30 am ET. The top performer in this industry was IDI, Inc. (NYSE: IDI), which gained 1.1 percent. IDI shares have tumbled 60.14 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
  • REIT - Retail: The industry gained 1.3 percent by 10:30 am. The top performer in this industry was Realty Income Corp (NYSE: O), which gained 2.3 percent. Realty Income shares have surged 43.52 percent over the past 52 weeks, while the S&P 500 index has gained 0.56 percent in the same period.
  • REIT - Diversified: This industry moved up 1.2 percent by 10:30 am. The top performer in this industry was Armada Hoffler Properties Inc (NYSE: AHH), which rose 3 percent.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

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