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Saturday, November 23, 2024

San Francisco company American Shared Hospital Services (AMS:ASQ) working in Medical Equipment and Services sees value fall 95.5% on Aug. 23

Stock market 15 edited

The value in Medical Equipment and Services stocks fell 7.1 percent on Aug. 23 from the previous day.

The strongest performing Medical Equipment and Services company in California was Edwards Lifesciences Corp. (EW:NYQ), sitting 826,707.1 percent higher to sell at $94.15.

Procept Biorobotics Corp. (PRCT:NMQ) fared the worst among California companies, suffering a 100 percent drop to $41.77.

Among San Francisco companies, American Shared Hospital Services (AMS:ASQ) saw the biggest fall in value of 95.5 percent on Aug. 23.

The Consumer Services industry was the daily best-performing industry on the market. The market is divided into 45 different industries.

Food Producers 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 on Aug. 23

Industry% ChangeHighest Positive ChangeLargest Negative Change
Consumer Services80.2%602,322.8%-100%
Automobiles and Parts25.2%60,422.7%-98.9%
Tobacco24.2%--100%
Telecommunications Service Providers22.4%408.6%-100%
Personal Goods21.8%4,403,518.4%-99.4%
Aerospace and Defense20.2%2,743.9%-100%
Industrial Engineering17.2%80,795,917.7%-100%
Industrial Support Services14.7%7,822,501.7%-100%
Precious Metals and Mining13.8%21.3%-100%
Real Estate Investment and Services12.5%287,738.2%-98.6%
Chemicals10%2,439,475.5%-100%
Industrial Materials9.1%989.8%-61.6%
Household Goods and Home Construction9%10,869,924.3%-100%
Personal Care, Drug and Grocery Stores8.7%35,944,826.2%-100%
Health Care Providers6.7%100,122,422.5%-100%
Investment Banking and Brokerage Services6.1%2,881.1%-100%
Media5.9%4,990,653%-100%
Travel and Leisure5.1%113,353,652.9%-100%
Electricity4.9%11,207.6%-100%
Software and Computer Services3.4%274,584,870.1%-100%
Alternative Energy2.4%259,947.1%-87.2%
Pharmaceuticals and Biotechnology1.4%20,132,242.5%-100%
Banks1%13,354,900%-100%
Real Estate Investment Trusts0.7%87,538,013.5%-100%
Retailers0.5%93,145,229.3%-100%
Open End and Miscellaneous Investment Vehicles-0.2%43,603.5%-100%
Mortgage Real Estate Investment Trusts-0.3%43,275,060.5%-100%
Finance and Credit Services-0.6%3,354.4%-100%
Life Insurance-1%642.4%-100%
Closed End Investments-2.8%36,857,894%-100%
General Industrials-5%264,349.9%-100%
Industrial Metals and Mining-6%12,565,859.3%-100%
Leisure Goods-6.5%31,529,099.2%-100%
Medical Equipment and Services-7.1%4,941,263.4%-100%
Gas, Water and Multi-utilities-10.1%147,643,541.2%-100%
Electronic and Electrical Equipment-10.9%4,073.6%-100%
Construction and Materials-11.5%845,547.1%-100%
Beverages-15.2%105.8%-100%
Industrial Transportation-15.7%6,167.4%-100%
Telecommunications Equipment-18.2%54,104.1%-100%
Technology Hardware and Equipment-21.4%522,081.4%-100%
Oil, Gas and Coal-23.4%463,471,237.6%-100%
Non-life Insurance-35.8%4,473.9%-100%
Waste and Disposal Services-56%222.1%-88.1%
Food Producers-60.2%13,798,051.3%-100%

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