Notable ETF Movers of the Day 11/06: (TAN) (IEO) Higher; (IHF) Lower
Tweet
Share
E-mail
Gainers:
Guggenheim Solar ETF (NYSE: TAN) gained 2.8 percent to 15.35. Shares of First Solar (Nasdaq: FSLR) gained 7.4 percent. First Solar reported earnings on the first of November and shares tanked. Since then, shares have recovered as investors have had time to digest the data. Solar stocks are also a favorite play for investors playing an Obama win in the election, so who knows, maybe a few investors have rolled the dice on a victory by Democrates.
iShares Dow Jones US Oil & Gas Ex Index (NYSE: IEO) gained 2.6 percent to 63.81. Shares of EOG Resources gained 4.5 percent following its earnings report released after-the-bell yesterday. EOG is the fourth largest holding in IEO. Shares of Marathon (NYSE: MPC) are also higher following its earnings release.
Decliners:
iShares Dow Jones US Healthcare Provider ETF (NYSE: IHF) is lower by 1.25 percent. While today’s presidential election is seen rattling health care sector stocks, the decline in IHF is more than likely related to the performance of its second largest holding, Express Scripts (Nasdaq: ESRX). Express scripts reported earnings after the bell yesterday, and shares are lower by 14 percent on Tuesday.
Guggenheim Solar ETF (NYSE: TAN) gained 2.8 percent to 15.35. Shares of First Solar (Nasdaq: FSLR) gained 7.4 percent. First Solar reported earnings on the first of November and shares tanked. Since then, shares have recovered as investors have had time to digest the data. Solar stocks are also a favorite play for investors playing an Obama win in the election, so who knows, maybe a few investors have rolled the dice on a victory by Democrates.
iShares Dow Jones US Oil & Gas Ex Index (NYSE: IEO) gained 2.6 percent to 63.81. Shares of EOG Resources gained 4.5 percent following its earnings report released after-the-bell yesterday. EOG is the fourth largest holding in IEO. Shares of Marathon (NYSE: MPC) are also higher following its earnings release.
Decliners:
iShares Dow Jones US Healthcare Provider ETF (NYSE: IHF) is lower by 1.25 percent. While today’s presidential election is seen rattling health care sector stocks, the decline in IHF is more than likely related to the performance of its second largest holding, Express Scripts (Nasdaq: ESRX). Express scripts reported earnings after the bell yesterday, and shares are lower by 14 percent on Tuesday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Growth isn't weak enough to truly undercut inflation pressures - BMO
- Parke Bancorp (PKBK) Reports Q1 EPS of $0.51
- Netflix (NFLX) raised to Buy at Needham & Company on revenue upside
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Barack Obama, Notable ETF Movers, EarningsSign 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!
