DJIA Top Losers of the Day: Wal-Mart, Bank of America and United Technologies Co

Bears dominated Wall Street on Monday as the Dow Jones Industrial Average fell 0.78 percent or 102.09 points to settle at 12,927.17. Standard & Poor’s 500 index slipped 0.84 percent or 11.59 points to 1,366.94 while NASDAQ Composite declined 1 percent or 30 points to close at 2,970.45 for the day. Following blue chip stocks took the most beating in Dow Jones Composition.

Wal-Mart Stores Inc. (WMT) plummeted 4.66% to close at $59.54. Total of 38.01M shares were traded while on average the share price trades with volume figure of 7.75M shares per day. Wal-Mart Stores Inc. (WMT) maintains the beta of 0.35 which depicts that the share price is likely to change by 0.35 times against 1 point change in market index.

Bank of America Corporation (BAC) declined 2.15% in its yesterday’s trading session to close at $8.18.. Total of 256.07M shares were traded while on average the share price trades with volume figure of 295.29M shares per day. Its market capitalization ended at the figure of $88.14B while the company’s total outstanding shares stand at 10.78B.

United Technologies Corp. (UTX) fell 1.54% to close at $79.75. Looking at its price history the share price has traded within the prices ranges of $66.87 to $91.83 in last one year. Total of 4.87M shares were traded while on average the share price trades with volume figure of 4.06M shares per day. United Technologies Corp. (UTX) maintains the beta of 1.03 which depicts that the share price is likely to change by 1.03 times against 1 point change in market index.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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