Value of Industrials company Verra Mobility Corp. (VRRM:NAQ) based in Mesa rose 70.6% on Aug. 3

Public Policy
Stock market 18 edited

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 fell 0.9 percent on Aug. 3 from the previous day.

The strongest performing Industrials company in Arizona was VirTra Inc. (VTSI:NAQ), sitting 1,568.4 percent higher to sell at $5.18.

Knight-Swift Transportation Holdings Inc. (KNX:NYQ) experienced the smallest increase in share price among Arizona companies, rising seven percent to sell at $54.1.

Among Mesa companies, Verra Mobility Corp. (VRRM:NAQ) saw the highest rise in value of 70.6 percent on Aug. 3.

The Telecommunications sector was the daily best-performing sector on the market.

Health Care 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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market sectors on Aug. 3

Sector% ChangeHighest Positive ChangeLargest Negative Change
Telecommunications20.9%4,833.3%-100%
Energy7.1%299,190,478.2%-100%
Basic Materials4.1%12,378,332.6%-100%
Technology4%17,799,868.9%-100%
Financials2%542,560,372%-100%
Consumer Discretionary2%242,623,181.4%-100%
Real Estate0.7%78,184,146.6%-100%
Industrials-0.9%26,054,677.9%-100%
Consumer Staples-2.3%133,736,742.1%-100%
Utilities-3.2%17,478,834.5%-100%
Health Care-5.1%51,060,421.4%-100%

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