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Friday, November 15, 2024

Bellevue-based Software and Computer Services company Bsquare Corp. (BSQR:NAQ) sees value fall 30.4% on Aug. 31

Stock market 20 edited

The value in Software and Computer Services stocks rose 10.9 percent on Aug. 31 from the previous day.

The strongest performing Software and Computer Services company in Washington was Avalara Inc. (AVLR:NYQ), dropping 24.7 percent to sell at $91.59.

Bsquare Corp. (BSQR:NAQ) fared the worst among Washington companies, suffering a 30.4 percent drop to $1.23.

Among Bellevue companies, Bsquare Corp. (BSQR:NAQ) saw the biggest fall in value of 30.4 percent on Aug. 31.

The Tobacco industry was the daily best-performing industry on the market. The market is divided into 44 different industries.

Investment Banking and Brokerage Services 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 on Aug. 31

Industry% ChangeHighest Positive ChangeLargest Negative Change
Tobacco1,856.6%205,854.5%-
Household Goods and Home Construction387%172,374.1%-99.9%
Food Producers138.6%682,825.2%-100%
Waste and Disposal Services100.2%2,541,015.4%-74.1%
Precious Metals and Mining96%648.2%-99.8%
Industrial Metals and Mining68.2%254.1%-76.3%
Electronic and Electrical Equipment66.3%263,057.9%-100%
Telecommunications Equipment55.7%1,128,384.8%-94.7%
Life Insurance47%147,051%-93%
Beverages33.4%34.1%-100%
Non-life Insurance32.2%44,604,489.6%-100%
Finance and Credit Services30.6%119,147.5%-91.2%
Industrial Transportation28.1%14,766,980.7%-100%
Oil, Gas and Coal23.5%458,753,488.5%-100%
General Industrials11%361,070.8%-94.4%
Software and Computer Services10.9%19,903,546.7%-100%
Technology Hardware and Equipment10.6%198,787.5%-73.1%
Construction and Materials9.3%1,350,282.4%-100%
Mortgage Real Estate Investment Trusts6.6%141,337,109.3%-100%
Aerospace and Defense5.9%178,881%-87.8%
Leisure Goods4.4%314,330.6%-100%
Travel and Leisure2.6%121,633,603.6%-100%
Open End and Miscellaneous Investment Vehicles1.4%2,221,255.8%-100%
Closed End Investments0.5%31,838,400%-100%
Gas, Water and Multi-utilities-1%375%-99.2%
Health Care Providers-1.4%133,699%-100%
Medical Equipment and Services-5.4%265,426.4%-100%
Retailers-6%13,503,408.9%-100%
Industrial Materials-8.9%106,388.4%-96.9%
Pharmaceuticals and Biotechnology-9.2%37,374,096.2%-100%
Electricity-9.8%194,883,318.1%-20.3%
Real Estate Investment Trusts-10.1%79,640,925.6%-100%
Personal Care, Drug and Grocery Stores-12.4%529,306.3%-90.2%
Industrial Support Services-12.7%438,766.5%-100%
Alternative Energy-13.8%4,219,932%-100%
Consumer Services-17.2%303,185.9%-100%
Industrial Engineering-17.2%167,849.5%-100%
Personal Goods-18.5%645,225,252.1%-100%
Automobiles and Parts-19.2%212.9%-100%
Real Estate Investment and Services-21.2%676,451.7%-100%
Chemicals-23.4%66,976,711.3%-100%
Banks-26.8%1,648,878,873.1%-100%
Telecommunications Service Providers-28.8%339.3%-91.2%
Investment Banking and Brokerage Services-32.3%12,176.2%-100%

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