Hancock Holding was downgraded to hold from buy at TheStreet Ratings on May 21. TheStreet Ratings gives Hancock Holding a C+ grade. The stock closed Friday at $29.72 and has fallen 7.04% year to date.
Renewable energy players took a beating in pre-market trading Wednesday, while fossil fuels focused companies, which are not expected to be widely affected by a Trump presidency, were also slipping.
Oil prices tanked today after the U.S. Energy Information Administration reported strong inventory build-up.
Deutsche Bank's problems have investors worried about another Lehman failure, Cramer says.