Consumer Discretionary Industry Market Movers: Office Depot, PetSmart, Express, and Canadian National Railway

LONDON, December 12, 2013 /PRNewswire/ --

On Wednesday, December 11, 2013, the U.S. equity market edged lower. The S&P 500 ended the day at 1,782.22, down 1.13%; the Dow Jones Industrial Average closed at 15,843.53, down 0.81%; and the NASDAQ Composite finished at 4,003.81, down 1.40%. The S&P 500 Consumer Discretionary Sector Index closed the session 0.99% lower at 510.01; and the S&P 500 Specialty Retail Industry Index edged 0.48% lower to close at $653.79. The S&P 500 Specialty Retail Industry Index has declined 1.14% in the previous three trading sessions, outperforming the S&P 500, which has lost 1.27% during the same period. Additionally, the S&P 500 Road & Rail Industry Index declined 1.62% to close at 903.83. The major movers in the industry included Office Depot Inc. (NYSE: ODP), PetSmart Inc. (NASDAQ: PETM), Express Inc. (NYSE: EXPR), and Canadian National Railway Co. (NYSE: CNI). AAAResearchReports.com has completed their technical analysis on ODP, PETM, EXPR, and CNI and these free reports are accessible by registering at:

http://www.aaaresearchreports.com/register/  

Shares in Office Depot Inc. declined 1.67% on Wednesday, tracking losses in the US equity market. The company's shares closed the day at $5.29, after vacillating between $5.24 and $5.43 during the trading session. A total of 8.44 million shares were traded, which is below the daily average volume of 10.93 million. Despite Wednesday's pullback, the company's shares have surged 20.23% in the previous three months, outperforming the S&P 500, which has gained 5.51% during the same period. Additionally, Office Depot Inc.'s stock is trading above its 200-day moving average of $4.44. Sign up for free technical research on ODP at:

http://www.AAAResearchReports.com/ODP121213.pdf

PetSmart Inc.'s stock vacillated between $72.80 and $73.58 before ending Wednesday's session 0.30% lower at $72.92. A total of 1.03 million shares were traded, which is below the daily average volume of 1.14 million. The company's shares have lost 0.63% in the previous three trading sessions, outperforming the S&P 500, which has lost 1.27% during the same period. Further, PetSmart Inc.'s stock is trading above its 200-day moving average of $69.96. Be sure to read our latest technical research on PETM by registering at:

http://www.AAAResearchReports.com/PETM121213.pdf

Express Inc.'s stock plummeted on Wednesday, tracking losses in the broader market. The company's shares finished the day 3.18% lower at $18.24, after fluctuating between $18.22 and $18.97 during the trading session. A total of 2.22 million shares were traded, which is above the daily average volume of 1.29 million. The company's shares have declined 6.80% in the previous three trading sessions, underperforming the S&P 500, which has lost 1.27% during the same period. Moreover, Express Inc.'s stock is trading below its 50-day and 200-day moving averages of $23.03 and $21.00, respectively. Sign up and read the complimentary report on EXPR at:

http://www.AAAResearchReports.com/EXPR121213.pdf

Shares in Canadian National Railway Co. plummeted 2.87% on Wednesday, closing the day at $54.49, after vacillating between $54.33 and $56.24 during the trading session. A total of 1.15 million shares were traded, which is above the daily average volume of 0.86 million. Despite Wednesday's decline, the company's shares have surged 11.50% in the previous three months, outperforming the S&P 500, which has gained 5.51% during the same period. Furthermore, Canadian National Railway Co.'s stock is trading above its 200-day moving average of $50.74. The free report on CNI can be downloaded by signing up now at:

http://www.AAAResearchReports.com/CNI121213.pdf

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED