Quantcast

Finger Lakes Today

Monday, December 23, 2024

Value of Victor-based Open End and Miscellaneous Investment Vehicles company Edoc Acquisition Corp. (ADOC:NAQ) fell 97.3% in April

Stock market 13 edited

Value in Open End and Miscellaneous Investment Vehicles stocks fell 0.5 percent in April from the previous month.

The strongest performing Open End and Miscellaneous Investment Vehicles company in New York was B Riley Principal 250 Merger Corp. (BRIV:NAQ), sitting 13,592 percent higher to sell at $9.75.

Group Nine Acquisition Corp. (GNAC:NAQ) fared the worst among New York companies, suffering a 100 percent drop to $9.82.

Among Victor companies, Edoc Acquisition Corp. (ADOC:NAQ) saw the biggest fall in value of 97.3 percent in April.

The Finance and Credit Services industry was the month’s best-performing industry on the market. The market is divided into 45 different industries.

Telecommunications Service Providers was the worst-performing industry.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Rank of stock market industries in April

IndustryPercentage ChangeHighest Positive ChangeLargest Negative Change
Finance and Credit Services94.9%378.3%-95%
Tobacco4.2%117.7%-98.5%
Beverages2.6%2,905.2%-96.2%
Personal Care, Drug and Grocery Stores2.4%2,369.4%-65.1%
Industrial Materials1.6%803.7%-63.3%
Food Producers0.4%285.9%-100%
Oil, Gas and Coal-0.4%1,397.1%-95.5%
Open End and Miscellaneous Investment Vehicles-0.5%72,315.9%-100%
Waste and Disposal Services-2.2%44.2%-97.8%
Banks-3.3%424,605%-99.8%
Chemicals-3.6%562.4%-99%
General Industrials-3.9%263.2%-68.8%
Household Goods and Home Construction-4.3%1,446.6%-94.8%
Non-life Insurance-4.7%278.3%-93.2%
Retailers-4.7%3,917.8%-97.3%
Telecommunications Equipment-5.3%8,940.4%-82.1%
Travel and Leisure-5.3%288.5%-98.5%
Gas, Water and Multi-utilities-5.4%611.7%-79.8%
Real Estate Investment Trusts-5.5%1,077.1%-66%
Electricity-5.9%220.4%-80.3%
Closed End Investments-6%889.9%-97.6%
Mortgage Real Estate Investment Trusts-6.5%4,201.5%-70.7%
Real Estate Investment and Services-6.9%11,471.4%-98%
Consumer Services-7.4%348.3%-96.1%
Aerospace and Defense-7.4%1,796.1%-97.7%
Health Care Providers-7.5%401.2%-99%
Electronic and Electrical Equipment-7.5%2,767.4%-90.5%
Industrial Metals and Mining-7.6%1,877.6%-98.2%
Industrial Support Services-7.8%615.8%-99.2%
Personal Goods-8.8%126.1%-80.4%
Construction and Materials-9.4%424.4%-99.8%
Industrial Engineering-10.3%878.9%-96.7%
Life Insurance-10.4%16,583.6%-93.6%
Investment Banking and Brokerage Services-11.5%134,812.1%-94%
Precious Metals and Mining-11.6%7,390.7%-97%
Automobiles and Parts-12%405.5%-96.8%
Leisure Goods-12.5%2,739.4%-97.9%
Technology Hardware and Equipment-12.9%175.9%-92.6%
Industrial Transportation-13.1%343.9%-70.7%
Pharmaceuticals and Biotechnology-13.6%56,354.6%-99.8%
Medical Equipment and Services-13.8%406.8%-99.9%
Software and Computer Services-14%85,905.1%-99.3%
Media-16.4%50,275.2%-98.1%
Alternative Energy-17%3,643.6%-81.1%
Telecommunications Service Providers-22.1%677.7%-86.4%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS