Mesa company Verra Mobility Corp. (VRRM:NAQ) working in Industrials sees value fall 38% on June 9

Mesa company Verra Mobility Corp. (VRRM:NAQ) working in Industrials sees value fall 38% on June 9

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Value in Industrials stocks fell 1.2 percent on June 9 from the previous day.

The strongest performing Industrials company in Arizona was Wrap Technologies Inc. (WRAP:NAQ), sitting 43.1 percent higher to sell at $2.12.

Verra Mobility Corp. (VRRM:NAQ) fared the worst among Arizona companies, suffering a 38 percent drop to $16.25.

Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the biggest fall in value of 38 percent on June 9.

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

Financials 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 June 9

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Staples1%2,032.9%-100.0%
Telecommunications-1.0%1,114.7%-100.0%
Real Estate-1.0%460.7%-100.0%
Consumer Discretionary-1.2%3,237.8%-100.0%
Industrials-1.2%1,495.6%-100.0%
Utilities-1.9%692.9%-100.0%
Technology-2.2%1,186.8%-100.0%
Health Care-2.3%1,035.7%-100.0%
Energy-2.4%1,503.1%-100.0%
Basic Materials-4.4%1,742%-100.0%
Financials-5.3%1,187,214.3%-100.0%

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