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Sunday, December 22, 2024

Value of Medical Equipment and Services company Ekso Bionics Holdings Inc. (EKSO:NAQ) based in San Rafael fell 59.5% in week ending Oct. 29

Stock market 17 edited

Value in Medical Equipment and Services stocks rose 1.1 percent in the week ending Oct. 29 from the previous week.

The strongest performing Medical Equipment and Services company in California was Semler Scientific Inc. (SMLR:NAQ), sitting 495 percent higher to sell at $42.84.

American Shared Hospital Services (AMS:ASQ) fared the worst among California companies, suffering a 97.4 percent drop to $2.62.

Among San Rafael companies, Ekso Bionics Holdings Inc. (EKSO:NAQ) saw the biggest fall in value of 59.5 percent in the week ending Oct. 29.

The Finance and Credit Services industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Beverages was the worst-performing industry.

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 industries in week ending Oct. 29

IndustryPercentage ChangeHighest Positive ChangeLargest Negative Change
Finance and Credit Services132%482.6%-67%
Alternative Energy13.4%126.1%-87.3%
Mortgage Real Estate Investment Trusts12.6%306.6%-58.2%
Telecommunications Equipment10.8%12,486.5%-61.1%
Retailers9%1,043.5%-73.9%
Leisure Goods8.8%313.8%-90.5%
Automobiles and Parts8.4%1,176.1%-92.9%
Personal Care, Drug and Grocery Stores7.8%254.6%-74.5%
Gas, Water and Multi-utilities7.4%166.9%-83.7%
Telecommunications Service Providers7.3%988.4%-52.4%
Industrial Support Services7.1%1,353%-89.6%
Industrial Transportation7%505.9%-93.7%
Tobacco7%6,514.6%-55.3%
Construction and Materials6.9%670%-70.9%
Investment Banking and Brokerage Services6.9%26,606.5%-96.4%
Household Goods and Home Construction6.2%114.7%-96.1%
Industrial Engineering6.1%4,914.3%-89%
Electricity6.1%82.5%-62.3%
Real Estate Investment Trusts5.9%884%-84.7%
Health Care Providers5.9%832.6%-79.9%
Software and Computer Services5.8%5,230.2%-89.7%
Precious Metals and Mining5.5%40.2%-57.7%
Life Insurance5.4%114%-63.6%
Pharmaceuticals and Biotechnology5.4%50,902.2%-99.7%
Food Producers5.2%1,335.9%-90.5%
Aerospace and Defense4.9%411.2%-81.3%
Electronic and Electrical Equipment4.6%2,627%-99%
Travel and Leisure4.3%632.9%-92.3%
Oil, Gas and Coal3.9%3,075.7%-88.2%
Technology Hardware and Equipment3.3%32,745.3%-95.1%
Chemicals2.9%192.3%-99.4%
General Industrials2.8%708.7%-70.9%
Industrial Materials2.6%2,319.8%-53%
Closed End Investments2.6%3,208.1%-94.8%
Consumer Services2.4%456.2%-88.6%
Banks2%203,207.2%-98.5%
Media1.5%2,487.7%-80.6%
Real Estate Investment and Services1.3%3,046.9%-94.4%
Medical Equipment and Services1.1%769%-97.4%
Waste and Disposal Services0.8%112.9%-95.9%
Industrial Metals and Mining0.5%591.2%-99.6%
Open End and Miscellaneous Investment Vehicles0.5%20,339,900%-99.9%
Personal Goods-0.2%444.2%-80.6%
Non-life Insurance-6.4%491.4%-97.9%
Beverages-15.3%162.2%-77.2%

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