Skip to main content

Market Overview

Worst Performing Industries For November 15, 2016

Share:


The Dow fell 0.23 percent to 18,825.06, while the NASDAQ composite index climbed 0.78 percent to 5,258.96. The broader Standard & Poor's 500 index gained 0.22 percent to 2,168.88.

The worst performing industries in the market today are:

  • Sporting Goods Stores: This industry slipped 4.6 percent by 11:00 am. The worst stock within the industry was Dicks Sporting Goods Inc (NYSE: DKS), which fell 8 percent. Dicks Sporting posted upbeat Q3 earnings, but issued a weak earnings forecast for the current quarter.
  • Drug Related Products: This industry declined 3.7 percent by 11:00 am with Perrigo Company plc (NYSE: PRGO) moving down 4.6 percent. Perrigo shares have dropped 38.56 percent over the past 52 weeks, while the S&P 500 index has gained 5.41 percent in the same period.
  • Medical Laboratories & Research: The industry dropped 2.5 percent by 11:00 am. The worst performer in this industry was RadNet Inc. (NASDAQ: RDNT), which declined 4.5 percent. RadNet’s PEG ratio is 2.89.
  • Home Improvement Stores: This industry fell 2.2 percent by 11:00 am ET. Home Depot Inc (NYSE: HD) shares dropped 1.9 percent in today's trading. Home Depot reported better-than-expected third quarter results.
 

Related Articles (PRGO + DKS)

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