Value of Lafayette-based Industrial Transportation company Wabash National Corp (WNC:NYQ) fell 33.7% on Aug. 25

Public Policy
Stock market 14 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

The value in Industrial Transportation stocks rose 8.1 percent on Aug. 25 from the previous day.

The strongest performing Industrial Transportation company in Indiana was Allison Transmission Holdings Inc (ALSN:NYQ), sitting 7.7 percent higher to sell at $58.68.

Wabash National Corp (WNC:NYQ) fared the worst among Indiana companies, suffering a 33.7 percent drop to $22.19.

Among Lafayette companies, Wabash National Corp (WNC:NYQ) saw the biggest fall in value of 33.7 percent on Aug. 25.

The Household Goods and Home Construction industry was the daily best-performing industry on the market. The market is divided into 47 different industries.

Telecommunications Service Providers 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 Aug. 25

Industry% ChangeHighest Positive ChangeLargest Negative Change
Household Goods and Home Construction428.4%72,880,497.2%-81.1%
Precious Metals and Mining259.3%1,173,345.1%-80%
Banks196.6%124,883,208.7%-90.8%
Personal Goods152.1%7,083%-37.4%
Consumer Services79.3%185,295.3%-83.3%
Tobacco60.5%617.8%-51.4%
Automobiles and Parts56.8%7,898,615%-21.8%
Electricity50.2%11,303,904.8%-83.2%
Aerospace and Defense42.6%4,600,143%-80.3%
Life Insurance41.6%3%-70.6%
Industrial Support Services35.5%19,866,406.1%-74%
Software and Computer Services25.2%67,695,022%-92.5%
Real Estate Investment and Services18.2%1,017.1%-88.8%
Pharmaceuticals and Biotechnology17.6%9,641,849.6%-93.5%
Health Care Providers15.8%11,964,922.3%-57.8%
General Industrials15.2%707,455.6%-50.1%
Alternative Energy13.6%1,931,014.3%-62.4%
Chemicals12%22,115,896.3%-74.3%
Finance and Credit Services9.9%3,987.5%-72%
Construction and Materials9.6%23,273,472.2%-94.5%
Industrial Transportation8.1%1,190,171.7%-49.9%
Industrial Metals and Mining6.4%482,125.8%-86.9%
Industrial Engineering5%43,185,564.5%-89%
Mortgage Real Estate Investment Trusts3.3%40,838.2%-58.5%
Electronic and Electrical Equipment1.9%1,029%-63.9%
Personal Care, Drug and Grocery Stores1.4%9,565,980.2%-51.6%
Medical Equipment and Services-0.8%38,070,075.4%-90.1%
Open End and Miscellaneous Investment Vehicles-2.6%9,283,254.8%-99.8%
Telecommunications Equipment-3.3%4,557,395.4%-58.6%
Technology-8.5%7,637.1%-97.5%
Gas, Water and Multi-utilities-10.3%2,509.4%-28.6%
Closed End Investments-12.6%21,081,958.4%-88.2%
Real Estate Investment Trusts-13.5%108,375,427.4%-61.6%
Media-14.7%24,265,379%-77.1%
Beverages-16.7%186,096.1%-87.4%
Technology Hardware and Equipment-17.7%422.3%-65.7%
Non-life Insurance-19.7%2,715%-35%
Travel and Leisure-20.6%2,006,475.1%-89.6%
Industrial Materials-21.5%144.3%-68.8%
Waste and Disposal Services-23.2%296%-49.2%
Oil, Gas and Coal-23.2%7,645,257.6%-78.1%
Leisure Goods-24%1,842.7%-64.3%
Retailers-26.1%68,694,729.6%-71.9%
Investment Banking and Brokerage Services-27.1%21,890,477.7%-79.5%
Consumer Discretionary-32.5%--86.7%
Food Producers-33.7%3,149,837.1%-86.6%
Telecommunications Service Providers-38.7%51.4%-22%

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