Top Performing Industries For September 12, 2016

At 10:30 am, the Dow rose 0.18 percent to 18,118.28, the broader Standard & Poor's 500 index moved up 0.37 percent to 2,135.70 and the NASDAQ composite index climbed 0.65 percent to 5,159.37.

The industries that are driving the market today are:

• Drug Related Products: This industry gained 4.5 percent by 10:30 am. The top stock within the industry was Perrigo Company plc PRGO, which gained 5.8 percent. Perrigo Company acknowledged the receipt of a letter from Starboard Value LP, which disclosed 4.6 percent stake in the company. The company indicated it would review and would look ahead for a productive discussion with the activist investor.
• Photographic Equipment & Supplies: This industry rose 3.6 percent by 10:30 am ET. The top performer in this industry was GoPro Inc GPRO, which gained 4.7 percent. GoPro’s PEG ratio is 0.66.
• Long Distance Carriers: The industry gained 2.9 percent by 10:30 am. The top performer in this industry was General Communication, Inc. GNCMA, which gained 4 percent. General Communication shares have dropped 23.25 percent over the past 52 weeks, while the S&P 500 index has gained 8.95 percent in the same period.
• Regional Airlines: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Energous Corp WATT, which rose 7.3 percent.