Wednesday, November 5, 2014

Worst Performing Industries For November 5, 2014

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The Dow gained 0.39% to 17,452.04, while the NASDAQ composite index climbed 0.13% to 4,629.63. The broader Standard & Poor's 500 index rose 0.41% to 2,020.30.

The worst performing industries in the market today are:

Computer Peripherals:

The industry dropped 5.54% by 11:00 am. The worst performer in this industry was Stratasys (NASDAQ: SSYS), which declined 11.7%. Stratasys lowered its profit forecast.

Building Materials Wholesale:

This industry fell 4.53% by 11:00 am ET. Louisiana-Pacific (NYSE: LPX) shares dropped 5% in today's trading. Louisiana-Pacific reported downbeat quarterly earnings.

Photographic Equipment & Supplies:

This industry tumbled 2.45% by 11:00 am. The worst stock within the industry was GoPro (NASDAQ: GPRO), which fell 2.1%. GoPro's PEG ratio is 2.16.

Basic Materials Wholesale:

This industry declined 1.76% by 11:00 am, with Macquarie Infrastructure Company LLC (NYSE: MIC) moving down 2.1%. Macquarie Infrastructure priced 1.3 million shares at $70.88 per share.

Posted-In: Worst Performing IndustriesNews Intraday Update Markets Movers

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