Value of Macon-based Industrial Transportation company Blue Bird Corp. (BLBD:NMQ) fell 66.3% in week ending Sept. 24

0Comments

Value in Industrial Transportation stocks fell 6.3 percent in the week ending Sept. 24 from the previous week.

The strongest performing Industrial Transportation company in Georgia was Norfolk Southern Corp. (NSC:NYQ), dropping 53.8 percent to sell at $217.65.

United Parcel Service Inc. (UPS:NYQ) fared the worst among Georgia companies, suffering a 68.5 percent drop to $164.33.

Among Macon companies, Blue Bird Corp. (BLBD:NMQ) saw the biggest fall in value of 66.3 percent in the week ending Sept. 24.

The Alternative Energy industry was the week’s best-performing industry on the market. The market is divided into 43 different industries.

Beverages 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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market industries in week ending Sept. 24

Industry Percentage Change Highest Positive Change Largest Negative Change
Alternative Energy 75.1% 892.8% -89.4%
Tobacco 2.9% 151.2% -75.2%
Telecommunications Service Providers -0.4% 247.5% -92.4%
Open End and Miscellaneous Investment Vehicles -0.5% 4,688,626.5% -99.9%
Life Insurance -0.5% 1,301% -88.7%
Media -2.2% 4,350.9% -94.3%
Investment Banking and Brokerage Services -2.5% 170,055.9% -95.9%
Personal Goods -2.9% 138.8% -90%
Banks -3% 26,563.8% -99.3%
Health Care Providers -3.4% 5,000.9% -97.2%
Household Goods and Home Construction -3.4% 238.9% -92.6%
Aerospace and Defense -3.5% 374.1% -89.1%
Gas, Water and Multi-utilities -3.5% 115.9% -86.7%
Waste and Disposal Services -3.8% 520.5% -91%
Electricity -3.8% 60.1% -77.6%
Retailers -3.9% 385.1% -85%
Technology Hardware and Equipment -4.2% 533.5% -91.4%
Industrial Materials -4.5% 325.7% -95.8%
Real Estate Investment and Services -4.7% 23,664.6% -99.9%
General Industrials -5.1% 745.3% -85.3%
Telecommunications Equipment -5.2% 324.7% -99.4%
Food Producers -5.2% 3,942.6% -93.7%
Consumer Services -5.3% 1,602.9% -99.8%
Closed End Investments -5.3% 52,988.3% -89.9%
Chemicals -5.5% 232.1% -98.2%
Pharmaceuticals and Biotechnology -5.9% 126,193.1% -98.6%
Real Estate Investment Trusts -5.9% 259.9% -96%
Non-life Insurance -6% 127.3% -92.1%
Industrial Engineering -6% 234.9% -93.9%
Industrial Transportation -6.3% 82.4% -99.5%
Software and Computer Services -6.4% 896.1% -96.9%
Travel and Leisure -6.9% 1,577.8% -94.7%
Industrial Support Services -7.1% 1,368.8% -93%
Electronic and Electrical Equipment -7.6% 614.5% -85.7%
Mortgage Real Estate Investment Trusts -8% 92.1% -90.2%
Automobiles and Parts -8.4% 135.4% -84.1%
Finance and Credit Services -8.5% 132.5% -94.5%
Leisure Goods -8.5% 919% -89.5%
Precious Metals and Mining -9% 1,096.4% -79%
Industrial Metals and Mining -9.1% 1,763.6% -97.7%
Oil, Gas and Coal -10.3% 3,780.8% -94.8%
Construction and Materials -10.3% 10,683.2% -96.2%
Beverages -22.8% 2,034.6% -95.1%


Related

Jessica Walden, President and CEO

Goodwill to host Spring Job Fair in Macon on April 16 for job seekers and employers

Goodwill of Middle Georgia will host its Spring Job Fair in Macon on April 16. The free event connects job seekers with local employers across multiple industries as well as career resources.

Jessica Walden, President and CEO

Macon-Bibb Office of Small Business Affairs hosts workshops for nearly 800 participants in March

Nearly 800 people took part in March workshops organized by Macon-Bibb’s Office of Small Business Affairs. Events included procurement training sessions and a Women’s History Month panel focused on supporting local entrepreneurs.

Gerald Beckum, Executive Director of Development Authority & Chamber of Commerce of Macon County

Otis Redding Center for the Arts marks first anniversary in downtown Macon

The Otis Redding Center for the Arts celebrates its first anniversary this month after serving over 1,000 students. Karla Redding-Andrews says her father’s legacy lives on through expanded access to music education. Local organizations such as the Macon County Chamber of Commerce support these efforts through community engagement.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Macon Times.