Husson Stock Index Week Ended June 4, 2021

For the week ending June 4, 2021, the Husson Stock Index (HSI) finished the week at

232.24, down 0.35% from last week’s close of 233.06. In comparison to the HSI, the S&P 500 finished the week at 4,229.89, up 0.61% from last week’s close of 4,204.11. Comparing the HSI and S&P year-to-date, the HSI has increased 12.43% and the S&P has increased 12.61%.

Summary

The stock with the largest percentage change for the week was Rite Aid Corporation.

(RAD: NYSE), which increased 14.18% or $2.59. On June 2nd there was high volume in the company’s call options expiring July 16 with an exercise price of $21.00. Year-to-date, the stock has increased 31.78% or $5.03.

The stock with the second-largest percentage change for the week was Darden

Restaurants, Inc. (DRI: NYSE), which decreased 6.34% or $9.08, despite Zacks Equity Research indicating that DRI has the potential to beat earnings estimates for the fiscal quarter ending May

2021. Year-to-date, the stock has increased 12.62% or $15.03.

Overview

The HSI was developed by Marie Kenney, while a student at Husson University, in consultation with Associate Professor J. Douglas Wellington. The HSI tracks and analyzes the stocks of 29 companies that are considered to have an effect on the Maine economy. These companies are either based in Maine or have an influence on the Maine economy through employment or consumer spending. This price-weighted index offers a numerical breakdown of Maine’s economy. The analysis looks into the events of the week and finds the likely reasons the index went up or down. This index and analysis help provide a better understanding of Maine’s economy as well as explain significant changes in stock prices of the companies that comprise the HSI.

Citations

Contributor BNK Invest BNK Invest. (2021, June 2). Noteworthy Wednesday Option Activity:

TAP, NVAX, RAD. Retrieved from https://www.nasdaq.com/articles/noteworthy-wednesday- option-activity:-tap-nvax-rad-2021-06-02

Will Darden Restaurants (DRI) Beat Estimates Again in Its Next Earnings Report? (2021, June

02). Retrieved from https://www.zacks.com/stock/news/1644759/will-darden-restaurants-dri- beat-estimates-again-in-its-next-earnings-report?art_rec=quote-stock_overview-zacks_news-

ID02-txt-1644759 Composition of the Husson Stock Index (HSI)

Ticker Maine Stock Sector Symbol: Affiliation

Exchange

AGR: NYSE Avangrid, Inc. Presence Utilities

ANCUF: TSX Alimentation Couche-Tard Inc Presence Consumer Staples

Class B

BAC: NYSE Bank of America Corporation Presence Financials

BHB: NYSE Bar Harbor Bank Maine- Financials

based

CAC: NASDAQ Camden National Corporation Maine- Financials

based

CHTR: Charter Communications, Inc. Presence Communications

NASDAQ Services

CL: NYSE Colgate-Palmolive Company Maine- Consumer Staples

based CVET: Covetrus, Inc. Maine- Health Care

NASDAQ based

DRI: NYSE Darden Restaurants, Inc. Presence Consumer

Discretionaries

FNLC: The First Bancorp, Inc. Maine- Financials

NASDAQ based

GD: NYSE General Dynamics Corporation Presence Industrials

HLT: NYSE Hilton Worldwide Holdings, Inc. Presence Consumer

Discretionaries

HD: NYSE The Home Depot, Inc. Presence Consumer

Discretionaries

ICCC: ImmuCell Corporation Maine- Health Care

NASDAQ based

IDXX: IDEXX Laboratories, Inc. Maine- Health Care

NASDAQ based

LOW: NYSE Lowe's Companies, Inc. Presence Consumer

Discretionaries MCD: NYSE McDonald's Corporation Presence Consumer

Discretionaries

NBN: NASDAQ Northeast Bank Maine- Financials

based

PENN: Penn National Gaming, Inc. Presence Consumer

NASDAQ Discretionaries

RAD: NYSE Rite Aid Corporation Presence Consumer Staples

RTX: NYSE Raytheon Technologies Presence Industrials

Corporation

TD: NYSE The Toronto-Dominion Bank Presence Financials

TMUS: T-Mobile US, Inc. Presence Consumer Services

NASDAQ

UPS: NYSE United Parcel Service, Inc. Presence Industrials

UNM: NYSE Unum Group Presence Financials VLO: NYSE Valero Energy Corporation Presence Energy

WMT: NYSE Walmart Inc. Presence Consumer Staples

WEX: NYSE WEX Inc. Presence Information Technology

WBA: Walgreens Boots Alliance, Inc. Presence Consumer Staples

NASDAQ