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South Broward News

Tuesday, November 5, 2024

Value of Dania Beach-based Retailers company Chewy Inc. (CHWY:NYQ) fell 28.7% on July 15

Stock market 11 edited

The value in Retailers stocks rose 1.4 percent on July 15 from the previous day.

The strongest performing Retailers company in Florida was EzFill Holdings Inc. (EZFL:NAQ), sitting 84.2 percent higher to sell at $0.645.

Chewy Inc. (CHWY:NYQ) fared the worst among Florida companies, suffering a 28.7 percent drop to $42.65.

Among Dania Beach companies, Chewy Inc. (CHWY:NYQ) saw the biggest fall in value of 28.7 percent on July 15.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Telecommunications Equipment 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.

Rank of stock market industries on July 15

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco9.4%76.6%-66.1%
Telecommunications Service Providers7%438,555,653.6%-54.8%
Alternative Energy6.1%303.7%-52.9%
Life Insurance6%1,132%-46.1%
Finance and Credit Services4.2%20,070,075.4%-67.2%
Industrial Metals and Mining4%28,308,303.4%-80.4%
Industrial Transportation3.9%513,111,802.6%-92.6%
Investment Banking and Brokerage Services3.9%8,142.1%-92.5%
General Industrials3.7%38,753,668%-98.4%
Precious Metals and Mining3.4%131.1%-83.2%
Real Estate Investment and Services3%141.8%-62.1%
Automobiles and Parts2.4%22,572,708.8%-45%
Electronic and Electrical Equipment2.2%4,095.8%-79.3%
Banks2%60,409,346.3%-98.7%
Leisure Goods2%3,746,435.9%-33.2%
Mortgage Real Estate Investment Trusts2%205.6%-46.9%
Software and Computer Services1.5%4,662,721.3%-87.3%
Industrial Engineering1.5%17,719,900%-95.7%
Media1.5%276,495.7%-93.9%
Real Estate Investment Trusts1.5%57,793,061.3%-92.8%
Retailers1.4%54,838,687.7%-86.1%
Industrial Materials1.4%55%-60.5%
Gas, Water and Multi-utilities1.2%136.4%-46.3%
Aerospace and Defense1.2%2,383,786.5%-94.9%
Industrial Support Services1.1%61,004,900%-97.8%
Oil, Gas and Coal1.1%127,804,189.5%-93.9%
Pharmaceuticals and Biotechnology1.1%12,551,991.3%-94.3%
Food Producers1.1%192.2%-86.1%
Non-life Insurance1%582.3%-83.4%
Medical Equipment and Services1%30,881,829.3%-97.6%
Open End and Miscellaneous Investment Vehicles0.7%210,186.3%-100%
Waste and Disposal Services0.6%15,524,472.3%-72.3%
Personal Care, Drug and Grocery Stores0.5%475,792.3%-66.3%
Electricity0.4%504%-72.9%
Technology Hardware and Equipment0.4%890.4%-87.2%
Health Care Providers0.3%11,866,795.5%-82.9%
Consumer Services0.1%8,059,514.3%-83.9%
Chemicals-0.1%561.5%-64.9%
Closed End Investments-0.2%944.1%-96%
Construction and Materials-0.3%17,222.4%-73%
Beverages-0.6%588,564.4%-94.1%
Personal Goods-0.9%41,693,865.5%-44.6%
Travel and Leisure-1.7%1,210%-83.7%
Household Goods and Home Construction-3%253.1%-83.4%
Telecommunications Equipment-7.9%95,577.1%-86%

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