Quantcast

Tampa Republic

Friday, November 22, 2024

Tampa-based Health Care company Marpai Inc. (MRAI:NAQ) sees value rise 245,343% on Sept. 28

Stock market 14 edited

Value in Health Care stocks fell 5.4 percent on Sept. 28 from the previous day.

The strongest performing Health Care company in Florida was Catalyst Pharmaceuticals Inc. (CPRX:NAQ), sitting 67,037,571.2 percent higher to sell at $12.75.

Longeveron Inc. (LGVN:NAQ) fared the worst among Florida companies, suffering a 99.2 percent drop to $4.27.

Among Tampa companies, Marpai Inc. (MRAI:NAQ) saw the highest rise in value of 245,343 percent on Sept. 28.

The Consumer Discretionary sector was the daily best-performing sector on the market.

Financials 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. 28

Sector% ChangeHighest Positive ChangeLargest Negative Change
Consumer Discretionary27%221,116,185.2%-100%
Basic Materials12.4%855,939,612.3%-99.6%
Industrials6.6%275,229,486.7%-100%
Technology5.4%48,129,985.6%-100%
Real Estate1.3%247,051,368.3%-100%
Telecommunications0.6%47,337,589%-98.8%
Energy-1.2%57,346,645.3%-100%
Utilities-3.5%4,435,153.3%-99.9%
Consumer Staples-3.7%59,814,080.9%-99.9%
Health Care-5.4%248,846,944.1%-100%
Financials-11.4%524,614,257.3%-100%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS