Bloodbath on Wall Street; Lighting Hit Hard

Stocks plunged sharply Thursday, with the Dow down more than 500 points,  or 4.3%, in its worst one-day decline since December 2008. 


Lighting was hit harder, which simply means it is a better opportunity to own shares in these companies. 

Of the stocks which EdisonReport tracks, only one, LED equipment maker Veeco, fell less than the DJIA average.  Siemens led the way as there were stories about the lower valuation of OSRAM and its spin-off plan.

It's a great buying opportunity.....

 

Name Symbol Price Change % Change
Siemens SI 108.169998 -9.34 -7.95%
Philips PHG 21.65 -1.76 -7.52%
Lighting Science Group LSCG.OB 2.59 -0.21 -7.50%
Cree CREE 30.58 -2.43 -7.36%
Orion OESX 3.34 -0.25 -6.96%
LSI LYTS 7.92 -0.57 -6.71%
Acuity Brands AYI 43.92 -3.08 -6.55%
Cooper CBE 48.83 -3.13 -6.02%
GE GE 16.52 -0.95 -5.44%
Hubbell HUB-B 54.67 -2.76 -4.81%
Veeco VECO 35.04 -1.39 -3.82%