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Durham Reporter

Tuesday, November 5, 2024

Value of Health Care company IQVIA Holdings Inc. (IQV:NYQ) based in Durham rose 28.9% on Sept. 23

Stock market 10 edited

Value in Health Care stocks fell 3.7 percent on Sept. 23 from the previous day.

The strongest performing Health Care company in North Carolina was Novan Inc. (NOVN:NAQ), sitting 385,019.6 percent higher to sell at $1.76.

Asensus Surgical Inc. (ASXC:ASQ) fared the worst among North Carolina companies, suffering a 35.9 percent drop to $0.4501.

Among Durham companies, Novan Inc. (NOVN:NAQ) saw the highest rise in value of 385,020 percent on Sept. 23.

The Real Estate sector was the daily best-performing sector on the market.

Energy was the worst-performing sector.

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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Rank of stock market sectors on Sept. 23

Sector% ChangeHighest Positive ChangeLargest Negative Change
Real Estate-0.6%359,007,639.3%-84.6%
Consumer Discretionary-1.1%203,117,006.8%-99.7%
Basic Materials-1.6%85,907,176%-94.7%
Utilities-1.6%34,240,462.8%-64.9%
Technology-2%54,729,633.2%-87.3%
Financials-2.1%1,741,034,881.9%-99.9%
Consumer Staples-2.9%191,265,362.3%-74.6%
Health Care-3.7%570,333,754%-95.7%
Industrials-3.8%174,780,852.4%-86.4%
Energy-3.9%236,956,723%-80%

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