Investing

The 4 Stocks That Tanked the Dow on Thursday

stock symbol ticker
thinkstock
April 30, 2015: Markets opened lower again on Thursday despite an early report that new claims for jobless benefits came in well below estimates and that layoffs are at 15-year lows. Energy prices were higher today, the dollar weakened a little, and gold closed lower both for the day and the month. Few equities escaped the day’s sell-off. Shortly before the closing bell the DJIA traded down 1.16% for the day, the S&P 500 traded down 1.12%, and the Nasdaq Composite traded down 1.73%.

The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Apple Inc. (NASDAQ: AAPL) which traded down 2.74% at $125.11. The stock’s 52-week range is $82.90 to $134.54. Trading volume was about 15% above the daily average of around 53 million shares. The company appears to have been rolled up in a very down day for the blue chips.

Visa Inc. (NYSE: V) traded lower by 2.11% at $65.92. The stock’s 52-week range is $48.80 to $69.98. Trading volume was about 20% below the daily average of around 9.7 million shares. The company had no specific news today.

The Boeing Co. (NYSE: BA) traded down 1.9% at $143.38. The stock’s 52-week range is $116.32 to $158.83. Trading volume is about 15% below the daily average of around 4.3 million shares. The Ex-Im Bank appears to be one step closer to closure, a bad thing for Boeing.

The Walt Disney Co. (NYSE: DIS) traded down 1.27% at $108.42. The stock’s 52-week range is $78.54 to $111.66. Trading volume is about 15% below the daily average of around 6.4 million shares. The company’s latest superhero movie, “Avengers: Age of Ultron,” opens in the U.S. on Friday, and opening weekend ticket sales are estimated in a range of $190 to $230 million.

Of the Dow 30 stocks 27 are set to close lower today and just 3 are on track to close higher.

ALSO READ: The States with the Most McDonald’s

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.