Notable ETF Movers of the Day 02/19: (XRT) (PBW) Higher; (SLV) Lower
Tweet Send to a Friend
Get Alerts ODP Hot Sheet
Up)
Trade ODP Now!
Gainers:
SPDR S&P Retail ETF (NYSE: XRT) gained 1.6 percent to 68.55. Much of the action took place in the office supply space, with shares of Office Max (NYSE: OMX), Office Depot (NYSE: ODP), and Staples (Nasdaq: SPLS) all moving higher. The spike is in response to rumors of an Office Max / Office Depot merger. In separate news, Best Buy (NYSE: BBY) moved higher following a number of developments including an analyst upgrade. On Friday the retailer said it would continue in-store and online price matching in an effort defend against online competitors.
PowerShares WilderHill Clean Energy (NYSE: PBW) gained 1.5 percent to 4.75. Standout stocks included Power-One Inc. (Nasdaq: PWER) and Tesla Motors, Inc. (TSLA). This morning Power-one was upgraded by analysts at Raymond James. Analysts also called the solar company the “highest-quality public company in the space." Rearding Tesla, its Model S was largely vindicated following a negative New York Times article last weekend.
Decliners:
iShares Silver Trust (NYSE: SLV) declined 1.3 percent to 28.5. Precious metals plunged on Friday after gold broke through key technical levels. That trend continued with silver descending below $29.50 per ounce and gold hovering at just above $1600 per ounce. SPDR Gold Shares ETF (NYSE: GLD) declined by 0.3 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
SPDR S&P Retail ETF (NYSE: XRT) gained 1.6 percent to 68.55. Much of the action took place in the office supply space, with shares of Office Max (NYSE: OMX), Office Depot (NYSE: ODP), and Staples (Nasdaq: SPLS) all moving higher. The spike is in response to rumors of an Office Max / Office Depot merger. In separate news, Best Buy (NYSE: BBY) moved higher following a number of developments including an analyst upgrade. On Friday the retailer said it would continue in-store and online price matching in an effort defend against online competitors.
PowerShares WilderHill Clean Energy (NYSE: PBW) gained 1.5 percent to 4.75. Standout stocks included Power-One Inc. (Nasdaq: PWER) and Tesla Motors, Inc. (TSLA). This morning Power-one was upgraded by analysts at Raymond James. Analysts also called the solar company the “highest-quality public company in the space." Rearding Tesla, its Model S was largely vindicated following a negative New York Times article last weekend.
Decliners:
iShares Silver Trust (NYSE: SLV) declined 1.3 percent to 28.5. Precious metals plunged on Friday after gold broke through key technical levels. That trend continued with silver descending below $29.50 per ounce and gold hovering at just above $1600 per ounce. SPDR Gold Shares ETF (NYSE: GLD) declined by 0.3 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Office Depot and OfficeMax Select the Boston Consulting Group to Provide Integration Support for Pending Merger
- Notable 52-Week Highs and Lows of the Day 05/23: (HPQ) (PSUN) (STX) High; (RVM) Low
- Japan to Stem Bond Volatility as Aggressive Fiscal Policy Takes Hold (FXY) (EWJ)
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Raymond James, Tesla, Notable ETF Movers
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
