HollyFrontier Corp (HFC): Today's Featured Basic Materials Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.HollyFrontier (HFC) pushed the Basic Materials sector lower today making it today's featured Basic Materials laggard. The sector as a whole closed the day up 0.2%. By the end of trading, HollyFrontier fell $0.57 (-1.2%) to $45.40 on light volume. Throughout the day, 1,255,159 shares of HollyFrontier exchanged hands as compared to its average daily volume of 2,943,000 shares. The stock ranged in price between $45.19-$46.21 after having opened the day at $46.04 as compared to the previous trading day's close of $45.97. Other companies within the Basic Materials sector that declined today were: Crosshair Energy (CXZ), down 20.0%, Tengasco (TGC), down 12.7%, Pacific Booker Minerals (PBM), down 12.7% and Global Geophysical Services (GGS), down 6.2%.
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