Value of Terre Haute-based Oil, Gas and Coal company Hallador Energy Co. (HNRG:NAQ) fell 96.3% on May 24

Value of Terre Haute-based Oil, Gas and Coal company Hallador Energy Co. (HNRG:NAQ) fell 96.3% on May 24

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The value in Oil, Gas and Coal stocks fell 48.4 percent on May 24 from the previous day.

The strongest performing Oil, Gas and Coal company in Indiana was American Resources Corp. (AREC:NAQ), dropping 16.1 percent to sell at $1.59.

Hallador Energy Co. (HNRG:NAQ) fared the worst among Indiana companies, suffering a 96.3 percent drop to $8.6.

Among Terre Haute companies, Hallador Energy Co. (HNRG:NAQ) saw the biggest fall in value of 96.3 percent on May 24.

The Pharmaceuticals and Biotechnology industry was the daily best-performing industry on the market. The market is divided into four different industries.

Real Estate Investment Trusts was the worst-performing industry.

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 industries on May 24

Industry% ChangeHighest Positive ChangeLargest Negative Change
Pharmaceuticals and Biotechnology200.6%67,675,094.7%-100%
Closed End Investments23.7%22,562,041.1%-100%
Oil, Gas and Coal-48.4%43,066,584.7%-100%
Real Estate Investment Trusts-67.3%152,671,490.3%-100%

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