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Worst Performing Industries For August 25, 2016

MCK, TRUE, HPQ, WBA


The Dow fell 0.06 percent to 18,471.01, while the NASDAQ composite index rose 0.01 percent to 5,218.11. The broader Standard & Poor's 500 index dropped 0.01 percent to 2,175.23.

The worst performing industries in the market today are:

  • Internet Service Providers: This industry slipped 2.9 percent by 11:00 am. The worst stock within the industry was TrueCar Inc (NASDAQ: TRUE), which fell 6.6 percent. TrueCar shares have climbed 118.07 percent over the past 52 weeks, while the S&P 500 index has gained 16.48 percent in the same period.
  • Diversified Computer Systems: This industry declined 2.7 percent by 11:00 am with HP Inc (NYSE: HPQ) moving down 3.3 percent. HP reported upbeat results for its third quarter, but issued weak profit guidance for the current quarter.
  • Drug Stores: This industry fell 1.7 percent by 11:00 am ET. Walgreens Boots Alliance Inc (NASDAQ: WBA) shares dropped 0.7 percent in today's trading. Walgreens Boots Alliance shares have gained 0.58 percent over the past 52 weeks, while the S&P 500 index has surged 16.48 percent in the same period.
  • Drugs Wholesale: The industry dropped 1.3 percent by 11:00 am. The worst performer in this industry was McKesson Corporation (NYSE: MCK), which declined 1.7 percent. Gold futures fell 1.3 percent to trade at $1,329.10 an ounce.


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