Mesa company Verra Mobility Corp. (VRRM:NAQ) working in Industrials sees value fall 37.3% on May 25

Mesa company Verra Mobility Corp. (VRRM:NAQ) working in Industrials sees value fall 37.3% on May 25

Public Policy

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Value in Industrials stocks rose 0.5 percent on May 25 from the previous day.

The strongest performing Industrials company in Arizona was Knight-Swift Transportation Holdings Inc. (KNX:NYQ), sitting 50.9 percent higher to sell at $48.56.

Wrap Technologies Inc. (WRAP:NAQ) fared the worst among Arizona companies, suffering a 50.5 percent drop to $2.41.

Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the biggest fall in value of 37.3 percent on May 25.

The Consumer Discretionary sector was the daily best-performing sector on the market.

Consumer Staples was the worst-performing sector.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Rank of stock market sectors on May 25

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Discretionary3.4%4,111.5%-100.0%
Energy2.9%4,306%-100.0%
Technology2.2%368.7%-100.0%
Real Estate1.2%216%-100.0%
Basic Materials1.2%1,190.8%-100.0%
Financials0.6%812,250.6%-100.0%
Industrials0.5%7,200%-100.0%
Health Care0.4%1,244.7%-100.0%
Telecommunications-1.0%4,890.1%-100.0%
Utilities-1.1%2,523.1%-100.0%
Consumer Staples-1.5%22,059.1%-100.0%

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS