Harman International Industries Inc. (HAR): Today's Featured Consumer Goods 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.Harman International Industries (HAR) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Harman International Industries fell $1.15 (-1.4%) to $80.20 on light volume. Throughout the day, 268,852 shares of Harman International Industries exchanged hands as compared to its average daily volume of 697,200 shares. The stock ranged in price between $80.07-$81.36 after having opened the day at $81.36 as compared to the previous trading day's close of $81.35. Other companies within the Consumer Goods sector that declined today were: Kid Brands (KID), down 12.3%, Mannatech (MTEX), down 11.3%, China New Borun Corporation (BORN), down 10.7% and SGOCO Group (SGOC), down 9.1%.
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