This morning's trading has marked a bad day for the market so far. The Nasdaq has decreased 0.4%; the S&P 500 has slipped 0.2%; and the Dow is trading down 0.2%. The healthcare sector is the category of stocks relating to medical and healthcare goods or services. This sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products. Stocks in the healthcare sector are often considered to be defensive because the products and services are essential. Even during economic downturns, people will still require medical aid and medicine to overcome illness. Having a consistent demand for goods and services makes this sector less sensitive to business cycle fluctuations.

The Healthcare sector (XLV) is currently ahead of the overall market, down only 0.2%, and its biggest movers are currently:

Company Market Cap Percentage Change
Questcor Pharmaceuticals (Nasdaq:QCOR) $1.63 billion -6.4%
Puma Biotechnology (NYSE:PBYI) $529.4 million +6.4%
Regeneron Pharmaceuticals (Nasdaq:REGN) $16.84 billion -3.7%
WuXi PharmaTech (Cayman) Inc (NYSE:WX) $1.15 billion +3.1%
Salix (Nasdaq:SLXP) $2.43 billion +2.9%
Dr. Reddy\'s Laboratories Limited (NYSE:RDY) $5.43 billion +1.9%
Pharmacyclics (Nasdaq:PCYC) $3.72 billion -1.8%

Forex Broker Summary: UFXMarkets

Slipping 6.4%, Questcor Pharmaceuticals (Nasdaq:QCOR) is currently trading at $26.36 per share. The company's volume is currently 2.5 million shares for the day, 1.6 times its current three-month average.

After rising 6.4%, Puma Biotechnology (NYSE:PBYI) is currently trading at a share price of $20.73. So far today, 33,340 shares of the company's stock have changed hands. Yesterday's volume was only 2,920 shares.

At $180.81, Regeneron Pharmaceuticals (Nasdaq:REGN) has slipped 3.7%. The company's volume is currently 531,970 shares for the day, in line with the current daily average.

WuXi PharmaTech (Cayman) Inc (NYSE:WX) has increased to a share price of $16.93, a 3.1% rise. The company's volume for the day so far is 480,308 shares.

Increasing 2.9%, Salix (Nasdaq:SLXP) is trading at $42.44 per share. So far today, the company's volume is 338,256 shares, 0.6 times the current three-month average.

Dr. Reddy's Laboratories Limited (NYSE:RDY) is up 1.9% to reach a current price of $33.49 per share. The company is trading at a volume of 59,606 shares. At this rate, trading activity will likely be down from yesterday when 169,266 shares changed hands.

Pharmacyclics (Nasdaq:PCYC) has decreased to $53.13 per share, a 1.8% fall. At 90,469 shares, the company's volume so far today is 0.2 times the average daily volume.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

Related Articles
  1. Stock Analysis

    3 Stocks that Are Top Bets for Retirement

    These three stocks are resilient, fundamentally sound and also pay generous dividends.
  2. Investing News

    Are Stocks Cheap Now? Nope. And Here's Why

    Are stocks cheap right now? Be wary of those who are telling you what you want to hear. Here's why.
  3. Investing News

    4 Value Stocks Worth Your Immediate Attention

    Here are four stocks that offer good value and will likely outperform the majority of stocks throughout the broader market over the next several years.
  4. Investing News

    These 3 High-Quality Stocks Are Dividend Royalty

    Here are three resilient, dividend-paying companies that may mitigate some worry in an uncertain investing environment.
  5. Stock Analysis

    An Auto Stock Alternative to Ford and GM

    If you're not sure where Ford and General Motors are going, you might want to look at this auto investment option instead.
  6. Stock Analysis

    The 6 Biggest Russian Energy Companies

    Learn about the top energy companies in Russia, a country that holds some of the largest reserves of oil, natural gas and coal in the world.
  7. Mutual Funds & ETFs

    The 4 Best Buy-and-Hold ETFs

    Explore detailed analyses of the top buy-and-hold exchange traded funds, and learn about their characteristics, statistics and suitability.
  8. Stock Analysis

    The Biggest Oil Producers in Asia

    Learn which Asian countries deliver the most crude oil to market, and discover what companies are the biggest producers in each country.
  9. Stock Analysis

    The 5 Biggest Russian Oil Companies

    Discover the top Russian oil companies by production volume and find out more about their domestic and international business operations.
  10. Mutual Funds & ETFs

    What Exactly Are Arbitrage Mutual Funds?

    Learn about arbitrage funds and how this type of investment generates profits by taking advantage of price differentials between the cash and futures markets.
  1. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  2. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  3. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  4. How does additional paid in capital affect retained earnings?

    Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
  5. What types of capital are not considered share capital?

    The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
  6. What is the difference between issued share capital and subscribed share capital?

    The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>

You May Also Like

Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!