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The 10 Stocks Getting Crushed The Most In Today's Market Meltdown
The whole market is selling off hard today, but a few sectors are performing especially poorly on news that President Obama was re-elected to a second term last night.
The ten stocks in the S&P 500 getting the worst of the market bloodbath today:
- Peadbody Energy (BTU): -8.6 percent
- Humana (HUM): -8.6 percent
- Apollo Group (APOL): -8.3 percent
- Morgan Stanley (MS): -6.9 percent
- CONSOL Energy (CNZ): -6.5 percent
- Lincoln National (LNC): -6.5 percent
- Devon Energy (DVN): -6.4 percent
- MetLife (MET): -6.2 percent
- Vulcan Materials (VMC): -6.0 percent
- L-3 Communications (LLL): -5.6 percent
In other words, energy stocks, insurance, and defense companies – all getting crushed.
Jeff Kleintop put together a nice guide to which stocks would fare better depending on which candidate was elected last night:
Sure enough, "Republican-favored industries" are getting hit hard today.
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