Channel Stocks: Gainers And Losers
Stock markets have been on an upward trajectory in 2017 with few interruptions. For the third quarter the Dow Jones Index was up 4.94 percent while the Nasdaq was up 5.79 percent.
So how did publicly held solution providers and distributors fare? Gainers far outnumbered losers with 20 of the companies on our channel watch list recording stock price increases in the third quarter and only six seeing stock price declines – several by hefty double-digit percentages.
Here's a look at who was up and who was down in the third quarter of 2017, starting with companies with the biggest gains in share price, based on stock closing prices on June 30, 2017, and Sept. 29, 2017.