The 4 Stocks That Tanked the DJIA on Friday

By Paul Ausick Updated Apr 28, 6:21AM EDT · Published Mar 6, 4:01PM EST

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

March 6, 2015: Markets opened lower on Friday after news that the unemployment rate fell to 5.5% in February and the economy added 295,000 non-farm jobs after a downward revision of 18,000 to the January estimate. The number was not as strong as hoped for and wage growth rose just 0.1% after a rise of 0.5% in January. Today’s other big news is that Apple is replacing AT&T in the Dow Jones industrials index on March 19th. Shortly before the closing bell the DJIA traded down 1.65% for the day, the S&P 500 traded down 1.54%, and the Nasdaq Composite traded down 1.23%.

The DJIA stock posting the largest daily percentage loss ahead of the close Friday was The Procter & Gamble Co. (NYSE: PG) which traded down 2.54% at $82.48. The stock’s 52-week range is $77.29 to $93.89. Trading volume was about 20% above the daily average of around 7.6 million shares. The company had no specific news today, but it is another consumer-facing firm that suffered today.

Johnson & Johnson (NYSE: JNJ) traded down 2.49% at $99.97. The stock’s 52-week range is $92.46 to $109.49. Trading volume was about 35% below the daily average of around 9.3 million shares. The company had no specific news today, but the consumer goods sector was down nearly 1.9% on Friday.

The Coca-Cola Co. (NYSE: KO) traded lower by 2.35% at $41.40. The stock’s 52-week range is $37.88 to $45.00. Trading volume was about 10% below the daily average of around 15 million shares. The company had no specific news today.

Visa Inc. (NYSE: V) traded down 1.60% at $269.74. The stock’s 52-week range is $194.84 to $278.65. Trading volume was about 20% below the daily average of around 2.5 million shares. The company had no specific news today.

All 30 DJIA stocks are on track to finish lower for the day.

ALSO READ: The Best (and Worst) States for Business

About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick | Jan 9, 2015 at 4:01 PM EST

The 4 Stocks That Toppled the DJIA on Friday

thinkstockJanuary 9, 2015: Markets opened lower on Friday after the government’s report on payrolls revealed good news (unemployment rate fell…

Paul Ausick | Jan 2, 2015 at 4:01 PM EST

The 4 Stocks That Weighed Down the DJIA Friday

thinkstockJanuary 2, 2015: Markets opened higher on Friday but trading settled into another sluggish trading session. The price of crude…

Paul Ausick | Feb 9, 2015 at 4:01 PM EST

The 4 Stocks That Weighed Down The DJIA on Monday

thinkstock February 9, 2015: Markets opened lower on Monday following remarks by Greece’s new president that rattled traders. There was…

Paul Ausick | Feb 6, 2015 at 4:01 PM EST

The 4 Stocks That Sank the Dow on Friday

thinkstockFebruary 6, 2015: Markets opened mixed on Friday following the monthly report on unemployment that showed the rate rising to…

Paul Ausick | Jul 17, 2015 at 4:01 PM EDT

The 4 Stocks That Sank the DJIA on Friday

July 17, 2thinkstock015: Markets opened mixed on Friday as the Nasdaq traded higher right from the opening bell and the…

Paul Ausick | Aug 28, 2015 at 4:01 PM EDT

The 4 Stocks That Held Down the DJIA on Friday

thinkstockAugust 28, 2015: Markets opened lower on Friday, and except for a brief visit above the break-even line, the blue…

Paul Ausick | Apr 24, 2015 at 4:01 PM EDT

The 4 Stocks That Dominated the DJIA on Friday

thinkstockApril 24, 2015: Markets opened higher on Friday but only the Nasdaq Composite was able to hold onto its opening…

Paul Ausick | Mar 13, 2015 at 4:01 PM EDT