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. Budgeting

    The Honest Company Bundles Review: Are They Worth It?

    Learn more about The Honest Company and its bundle subscription services, which deliver discounted diapers, formula and other baby products to your doorstep.
  2. Investing

    How to Ballast a Portfolio with Bonds

    If January and early February performance is any guide, there’s a new normal in financial markets today: Heightened volatility.
  3. Stock Analysis

    Performance Review: Emerging Markets Equities in 2015

    Find out why emerging markets struggled in 2015 and why a half-decade long trend of poor returns is proving optimistic growth investors wrong.
  4. Investing News

    Today's Sell-off: Are We in a Margin Liquidation?

    If we're in market liquidation, is it good news or bad news? That party depends on your timeframe.
  5. Products and Investments

    The One Thing Your Portfolio Must Always Have

    Portfolio diversification is essential in any situation, but especially so as the market finally returns to fundamentals.
  6. Investing News

    Bank Stocks: Time to Buy or Avoid? (WFC, JPM, C)

    Bank stocks have been pounded. Is this the right time to buy or should they be avoided?
  7. Budgeting

    Blue Apron Review: Is It Worth It?

    Read about one of the top meal-kit delivery services in the United States, and learn more about what it offers and how much it costs.
  8. Stock Analysis

    Why the Bullish Are Turning Bearish

    Banks are reducing their targets for the S&P 500 for 2016. Here's why.
  9. Stock Analysis

    How to Find Quality Stocks Amid the Wreckage

    Finding companies with good earnings and hitting on all cylinders in this environment, although possible, is not easy.
  10. Investing News

    What You Can Learn from Carl Icahn's Mistakes

    Carl Icahn has been a stellar performer in the investment world for decades, but following his lead these days could be dangerous.
RELATED FAQS
  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 >>
COMPANIES IN THIS ARTICLE
Trading Center