Notable ETF Movers of the Day 11/13: (XOP) (XRT) Higher; (XME) Lower
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Gainers:
SPDR S&P Oil & Gas Exploration & Prod (NYSE: XOP) gained 1.3 percent to 52.15. The move is traced to gains in natural gas prices, which are higher by 4 percent. Notable movers held in the ETF include EXCO Resources (NYSE: XCO), Cabot Oil & Gas Corporation (NYSE: COG), and CVR Energy (NYSE: CVI).
SPDR S&P Retail (NYSE: XRT) gained 1 percent to 61.4. Shares of Barnes & Noble (NYSE: BKS) gained 3 percent after CEO William Lynch told Bloomberg the company was gaining share as other bookstores close. Netflix (Nasdaq: NFLX) also had a good day, gaining 2.25 percent.
Decliners:
SPDR S&P Metals & Mining (NYSE: XME) declined 0.9 percent to 43.10. AK Steel (NYSE: AKS) lowered its Q4 price outlook, citing weak business conditions. The market reacted by slamming shares of AKS. The stock is lower by 16 percent intraday on Tuesday.
SPDR S&P Oil & Gas Exploration & Prod (NYSE: XOP) gained 1.3 percent to 52.15. The move is traced to gains in natural gas prices, which are higher by 4 percent. Notable movers held in the ETF include EXCO Resources (NYSE: XCO), Cabot Oil & Gas Corporation (NYSE: COG), and CVR Energy (NYSE: CVI).
SPDR S&P Retail (NYSE: XRT) gained 1 percent to 61.4. Shares of Barnes & Noble (NYSE: BKS) gained 3 percent after CEO William Lynch told Bloomberg the company was gaining share as other bookstores close. Netflix (Nasdaq: NFLX) also had a good day, gaining 2.25 percent.
Decliners:
SPDR S&P Metals & Mining (NYSE: XME) declined 0.9 percent to 43.10. AK Steel (NYSE: AKS) lowered its Q4 price outlook, citing weak business conditions. The market reacted by slamming shares of AKS. The stock is lower by 16 percent intraday on Tuesday.
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