Market Overview

Top Performing Industries For September 16, 2016

Share:


At 10:30 am, the Dow fell 0.63 percent to 18,098.15, the broader Standard & Poor's 500 index moved down 0.70 percent to 2,132.28 and the NASDAQ composite index dropped 0.50 percent to 5,223.35.

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

  • Photographic Equipment & Supplies: This industry gained 4.1 percent by 10:30 am. The top stock within the industry was GoPro Inc (NASDAQ: GPRO), which gained 4.4 percent. Bank of America initiated coverage on GoPro with a Buy rating.
  • Electronics Stores: This industry rose 0.7 percent by 10:30 am ET. The top performer in this industry was Conn's Inc (NASDAQ: CONN), which gained 4.2 percent. Conn's shares have declined 65.28 percent over the past 52 weeks, while the S&P 500 index has increased 7.62 percent in the same period.
  • Biotechnology: The industry gained 0.6 percent by 10:30 am. The top performer in this industry was Stellar Biotechnologies Inc (NASDAQ: SBOT), which gained 14 percent. Stellar Biotechnologies’ filling showed that selling shareholders are offering up to 1.265 million common shares they may acquire upon the exercise of outstanding warrants.
  • Catalog & Mail Order Houses: This industry moved up 0.5 percent by 10:30 am. The top performer in this industry was Lightinthebox Holding Co Ltd-ADR (NYSE: LITB), which rose 3.7 percent. LightInTheBox is expected to report Q2 financial results on September 19, 2016.

Posted-In: Top Performing IndustriesNews Intraday Update Markets Movers

 

Related Articles (CONN + GPRO)

View Comments and Join the Discussion!

Imperial Capital Upgrades ClubCorp To Outperform

Why The iPhone 7 Plus Outselling The iPhone 7 Is Notable