ABB Ltd. (ABB): Today's Featured Industrial 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.ABB (ABB) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.2%. By the end of trading, ABB fell $0.26 (-1.1%) to $24.61 on average volume. Throughout the day, 1,140,451 shares of ABB exchanged hands as compared to its average daily volume of 1,292,400 shares. The stock ranged in price between $24.48-$24.70 after having opened the day at $24.65 as compared to the previous trading day's close of $24.87. Other companies within the Industrial industry that declined today were: ZBB Energy Corporation (ZBB), down 6.8%, Highpower International (HPJ), down 6.5%, Clean Diesel Technologies (CDTI), down 5.6% and Sifco Industries (SIF), down 4.7%.
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