Husson Stock Index Week Ended July 23, 2021
For the week ending July 23, 2021, the Husson Stock Index (HSI) finished the week at
236.19, up 2.19% from last week’s close of 236.19. In comparison to the HSI, the S&P 500 finished the week at 4,411.79, up 1.96% from last week’s close of 4,327.16. Comparing the HSI and S&P year-to-date, the HSI has increased 16.85% and the S&P has increased 17.46%.
Summary
The stock with the largest percentage change for the week was ImmuCell Corporation
(ICCC: NASDAQ), which increased 12.28% or $1.12. There was no specific news about the company for the week. Year-to-date, the stock has increased 72.10% or $4.29.
The stock with the second-largest percentage change for the week was Rite Aid
Corporation (RAD: NYSE), which increased 6.95% or $0.95. There was no specific news about the company for the week. However, The Motley Fool indicated that the company may have benefited from a short squeeze. Year-to-date, the stock has decreased 7.71% or $1.22.
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
Bowman, J. (2021, July 22). Why Rite Aid Stock Is Climbing This Week. Retrieved from https://www.fool.com/investing/2021/07/22/why-rite-aid-stock-was-climbing-this- week/?source=eptyholnk0000202&utm_source=yahoo- host&utm_medium=feed&utm_campaign=article
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