Air Products & Chemicals Inc (APD): Today's Featured Basic Materials Laggard
Air Products & Chemicals (APD) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day down 0.8%. By the end of trading, Air Products & Chemicals fell $2.76 (-3.0%) to $90.75 on heavy volume. Throughout the day, 4,378,158 shares of Air Products & Chemicals exchanged hands as compared to its average daily volume of 1,381,100 shares. The stock ranged in price between $90.47-$93.60 after having opened the day at $92.13 as compared to the previous trading day's close of $93.51. Other companies within the Basic Materials sector that declined today were: Asanko Gold (AKG), down 29.8%, Cardero Resources Corporation (CDY), down 27.5%, China Gengsheng Minerals (CHGS), down 26.7% and Linn Energy (LINE), down 18.7%.
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