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The Dow 30 stock posting the larget percentage loss today was United Technologies Corp. (NYSE: UTX) which traded down 1.72% at $106.58. The stock’s 52-week range is $102.21 to $120.66. The company had no specific news today. Trading volume was about 15% below the daily average of around 4 million shares.
Caterpillar Inc. (NYSE: CAT) traded down 1.44% at $101.00 in a 52-week range of $81.87 to $111.46. Volume was about equal to the daily average of 4.2 million shares. The company’s sales were down 10% for the three month period ending in August 31st driven by lack of demand for mining equipment.
The Walt Disney Co. (NYSE: DIS) traded lower by 1.29% at $89.31 today. The stock’s 52-week range is $63.10 to $91.20. Volume was about 25% lower than the daily average of around 5.8 million shares. The company had no specific news that would account for the hit the share price took today.
Nike Inc. (NYSE: NKE) traded down 1.25% at $80.81 in a 52-week range of $68.04 to $82.79. Trading volume was about 20% below the daily average of around 3.5 million shares. Nike shareholders are worried — and so should the company’s management be — about high-profile suspensions of some sponsored athletes due to their violent behavior.
Of the Dow 30 stocks 22 stocks are set to close lower today, while 7 are on track to close higher and 1 is flat.
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