Quantcast

Somerset Times

Sunday, December 22, 2024

Warren company Aquestive Therapeutics Inc. (AQST:NMQ) working in Pharmaceuticals and Biotechnology sees value fall 2.7% in week ending Sept. 17

Stock market 14 edited

Value in Pharmaceuticals and Biotechnology stocks fell 3.4 percent in the week ending Sept. 17 from the previous week.

The strongest performing Pharmaceuticals and Biotechnology company in New Jersey was Sonnet Biotherapeutics Holdings Inc. (SONN:NAQ), sitting 33,158.6 percent higher to sell at $0.195.

Advaxis Inc. (ADXS:QXR) fared the worst among New Jersey companies, suffering a 94 percent drop to $3.

Among Warren companies, Bellerophon Therapeutics Inc. (BLPH:NAQ) saw the highest rise in value of 146.1 percent in the week ending Sept. 17.

The Beverages industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Telecommunications Service Providers 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. 17

IndustryPercentage ChangeHighest Positive ChangeLargest Negative Change
Beverages23.9%849.2%-88.7%
Precious Metals and Mining3%1,888.3%-
Banks-0.2%799,526.4%-98%
Open End and Miscellaneous Investment Vehicles-0.3%2,091,996.3%-99.9%
Non-life Insurance-1.3%1,712.8%-68%
Health Care Providers-1.5%1,296.4%-49.4%
Gas, Water and Multi-utilities-2.3%866.6%-85.4%
Household Goods and Home Construction-2.5%1,251.8%-72%
Mortgage Real Estate Investment Trusts-2.7%1,213.9%-13.5%
Electricity-2.7%955.1%-12.5%
Travel and Leisure-3.2%2,561.6%-99.2%
Consumer Services-3.4%1,591.3%-93.8%
Pharmaceuticals and Biotechnology-3.4%53,860.3%-97.3%
Oil, Gas and Coal-3.5%3,305.6%-97.6%
Closed End Investments-3.5%855.8%-99.9%
Media-3.6%1,338.4%-99.4%
Investment Banking and Brokerage Services-3.6%7,139.4%-62%
Industrial Support Services-3.7%1,271.1%-98.9%
Waste and Disposal Services-3.7%976.6%-37.8%
Automobiles and Parts-3.7%478.9%-68.4%
Aerospace and Defense-3.7%2,422.4%-96.1%
Telecommunications Equipment-3.8%76,895.3%-65.1%
Technology Hardware and Equipment-4%3,020.6%-54.9%
Real Estate Investment and Services-4.3%1,255.5%-96.2%
Food Producers-4.4%1,956.3%-80.7%
Alternative Energy-4.5%782.1%-87%
Electronic and Electrical Equipment-4.8%897.4%-80.2%
Retailers-5.1%740%-70.4%
Real Estate Investment Trusts-5.2%1,583.4%-49%
Leisure Goods-5.6%16,917.6%-93.1%
Construction and Materials-6.4%4,937.9%-99.7%
Software and Computer Services-6.5%1,881%-83.7%
General Industrials-6.9%625%-48.8%
Medical Equipment and Services-7%29,905.8%-97%
Finance and Credit Services-7%1,349.1%-91.7%
Life Insurance-7%396.4%-52.2%
Chemicals-7.2%1,276.1%-97.9%
Industrial Engineering-7.3%58,039.5%-85.1%
Personal Care, Drug and Grocery Stores-7.5%570.4%-74%
Personal Goods-7.6%671.8%-73.6%
Industrial Transportation-8%1,413.8%-98.7%
Industrial Materials-8.1%1,176.6%-
Industrial Metals and Mining-9.1%2,145.2%-98.7%
Tobacco-10.5%935.6%-91%
Telecommunications Service Providers-13.9%3,437.1%-58.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS