West Lafayette company Inotiv Inc. (NOTV:NAQ) working in Health Care sees value fall 100% in week ending Feb. 18

West Lafayette company Inotiv Inc. (NOTV:NAQ) working in Health Care sees value fall 100% in week ending Feb. 18

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Value in Health Care stocks fell 10.2 percent in the week ending Feb. 18 from the previous week.

The strongest performing Health Care company in Indiana was Eli Lilly and Co. (LLY:NYQ), sitting 29.6 percent higher to sell at $328.4.

Inotiv Inc. (NOTV:NAQ) fared the worst among Indiana companies, suffering a 100 percent drop to $7.39.

Among West Lafayette companies, Inotiv Inc. (NOTV:NAQ) saw the biggest fall in value of 100 percent in the week ending Feb. 18.

The Consumer Staples sector was the week’s best-performing sector on the market. The market is divided into 11 different sectors.

Energy 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 in week ending Feb. 18

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Staples18.8%38,700%-100.0%
Basic Materials13.6%345,787.8%-100.0%
Consumer Discretionary9.2%92,955.6%-100.0%
Technology5.6%4,864.1%-100.0%
Financials2.2%73,212,228.8%-100.0%
Real Estate2%2,942.7%-100.0%
Utilities0.5%257.4%-100.0%
Industrials-1.9%5,402.5%-100.0%
Telecommunications-5.6%28,304.7%-96.9%
Health Care-10.2%36,077.7%-100.0%
Energy-23.6%4,391.2%-100.0%

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