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Tickers in this Article: RYAAY, ALEX, ARII, SBLK, KSU, ALGT, PAC
The Nasdaq is trading down 0.4%, the S&P 500 has declined 0.5% and the Dow has slipped 0.7%, marking a bad morning for the market. The transportation sector is a category of stocks relating to the transportation of goods or customers. It is made up of airlines, railroads and trucking companies. The performance of the transportation sector is sensitive to the price of oil. Because operations revolve around the use of vehicles, fuel prices represent a significant cost to transportation companies. As the price of oil rises, transportation companies will be expected to earn less. Inversely, these companies do well when the cost of fuel decreases.

The Transportation sector (IYT) is currently lagging behind the overall market, down 1.5%, and its current biggest movers are:
CompanyMarket CapPercentage Change
Ryanair Holdings plc (Nasdaq:RYAAY)$10.14 billion-5.5%
Alexander & Baldwin (NYSE:ALEX)$1.23 billion-4.5%
American Railcar Industries (Nasdaq:ARII)$665.3 million-4.2%
Star Bulk (Nasdaq:SBLK)$504.7 million+3.4%
Kansas City (NYSE:KSU)$8.52 billion-3.2%
Allegiant Travel (Nasdaq:ALGT)$1.4 billion-2.5%
Grupo Aeroportuario del Pacifico (NYSE:PAC)$2.71 billion-2.5%
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Ryanair Holdings plc (Nasdaq:RYAAY) is currently trading at a share price of $33.25, a 5.5% decline. So far today, the company's volume is 355,552 shares. This is 0.6 times its current daily average.

Alexander & Baldwin (NYSE:ALEX) has fallen 4.5% and is currently trading at $27.49 per share. So far today, the company's volume is 106,934 shares, 0.6 times its current three-month average.

After a decline of 4.2%, American Railcar Industries (Nasdaq:ARII) has hit a share price of $29.86. The company's volume for the day so far is 298,455 shares.

Star Bulk (Nasdaq:SBLK) is currently trading at $6.44 per share, a 3.4% increase. So far today, 11,091 shares have changed hands, on pace to reach yesterday's volume of 27,167 shares.

Kansas City (NYSE:KSU) is down 3.2% to reach $74.97 per share. The company's volume for the day so far is 675,055 shares. This is 0.9 times the current daily average.

At $70.66, Allegiant Travel (Nasdaq:ALGT) has slipped 2.5%. With 41,568 shares changing hands so far today, the company's volume is in keeping with the average volume over the past three months.

Grupo Aeroportuario del Pacifico (NYSE:PAC) has decreased to $47.16 per share, a 2.5% fall. The company is currently trading a volume of 11,450 shares.

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.

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