Stanley Black & Decker, Inc Among Consumer Cyclical's Biggest Movers on November 14, 2012
This morning's trading has marked a bad day for the market so far. The Nasdaq is trading down 0.4%; the S&P 500 has slipped 0.5%; and the Dow has decreased 0.7%. The consumer cyclical sector is a category of stocks that relies heavily on the business cycle and economic conditions. Consumer cyclicals include industries such as automotive, housing, entertainment and retail. The category can be further divided into durable and non-durable sections. Durable cyclicals include physical goods such as hardware or vehicles, while non-durables represent items like movies or hotel services. The performance of consumer cyclicals is highly related to the state of the economy. They represent goods and services that are not considered necessities, but luxurious purchases. During contractions or recessions, people have less disposable income to spend on consumer cyclicals. When the economy is expanding or booming, the sales of these goods rise as retail and leisure spending increase.
The Consumer Cyclical sector (XLY) is down 0.7%, underperforming the market overall. The current biggest movers in the sector are:
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Westport Innovations Inc (Nasdaq:WPRT) is currently trading at a share price of $26.07, a 5.4% decline. With 983,660 shares changing hands so far today, the company's volume is 0.6 times its average over the past three months.
Michael Kors (NYSE:KORS) has decreased to $48.40 per share, a 5.1% fall. The company's volume for the day so far is four million shares. This is 0.8 times the current daily average.
Slipping 4.6%, G-III Apparel (Nasdaq:GIII) is currently trading at $34.48 per share. So far today, the company's volume is 92,242 shares, above yesterday's volume of 84,764 shares.
Gildan Activewear Inc (NYSE:GIL) has fallen 3.4% and is currently trading at $32.34 per share. So far today, the company's volume is 249,084 shares.
Shanda Games (Nasdaq:GAME) has risen 2.6% to hit a current price of $3.52 per share. The company's volume is currently 150,293 shares for the day, 0.3 times the current three-month average.
WABCO Holdings (NYSE:WBC) is down 1.9% to reach $58.03 per share. So far this morning, 403,153 shares have changed hands. This is in keeping with its current daily average.
After a decline of 1.9%, Stanley Black & Decker, Inc (NYSE:SWK) has hit a share price of $68.05. The company's volume is currently one million shares for the day,.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.
The Consumer Cyclical sector (XLY) is down 0.7%, underperforming the market overall. The current biggest movers in the sector are:
| Company | Market Cap | Percentage Change |
| Westport Innovations Inc (Nasdaq:WPRT) | $1.52 billion | -5.4% |
| Michael Kors (NYSE:KORS) | $10.06 billion | -5.1% |
| G-III Apparel (Nasdaq:GIII) | $726.3 million | -4.6% |
| Gildan Activewear Inc (NYSE:GIL) | $4.07 billion | -3.4% |
| Shanda Games (Nasdaq:GAME) | $960.9 million | +2.6% |
| WABCO Holdings (NYSE:WBC) | $3.74 billion | -1.9% |
| Stanley Black & Decker, Inc (NYSE:SWK) | $11.71 billion | -1.9% |
Westport Innovations Inc (Nasdaq:WPRT) is currently trading at a share price of $26.07, a 5.4% decline. With 983,660 shares changing hands so far today, the company's volume is 0.6 times its average over the past three months.
Michael Kors (NYSE:KORS) has decreased to $48.40 per share, a 5.1% fall. The company's volume for the day so far is four million shares. This is 0.8 times the current daily average.
Slipping 4.6%, G-III Apparel (Nasdaq:GIII) is currently trading at $34.48 per share. So far today, the company's volume is 92,242 shares, above yesterday's volume of 84,764 shares.
Shanda Games (Nasdaq:GAME) has risen 2.6% to hit a current price of $3.52 per share. The company's volume is currently 150,293 shares for the day, 0.3 times the current three-month average.
WABCO Holdings (NYSE:WBC) is down 1.9% to reach $58.03 per share. So far this morning, 403,153 shares have changed hands. This is in keeping with its current daily average.
After a decline of 1.9%, Stanley Black & Decker, Inc (NYSE:SWK) has hit a share price of $68.05. The company's volume is currently one million shares for the day,.
The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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