Commodities are currently mixed with the CRB index up 0.4% after its fifth straight loss yesterday. Energies crude and natural gas are both up with crude around $95 a barrel and metals gold and silver both in the negative.
Under Armour shares are up this morning 1.8% after dick’s sporting goods announced its quarter 1 results showing strong sales of the firm’s products. Together with Sports Authority they account for about a quarter of Under Armour’s sales. The sporting goods industry is currently up 4.05% as the top performing industry.
One of the top performing stocks again today is Groupon up over 18% to 13.93 after announcing Monday that its revenue jumped up 89% and its customer base more than double to 36.9 from 15.4m a year earlier.
Heading losers today is that of Spanish Broadcasting System down over 25% after announcing its first quarter results.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market. Comments can be directed to ryghcw19@uww.edu