While the S&P 500 grew 1.4%, the Transportation sector (IYT) showed little movement during trading today.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, IYT was unchanged over the last thirty trading days while the S&P 500 climbed -1.7%.
Zipcar (ZIP) was a major loser in the sector. Its price dropped 10.8% (-$1.50) to close at $12.33, as 1.7 million shares moved. The stock traded between $12 and $13.98. The stock is down over the last three months, having fallen $3.80 (-23.6%) from $16.13 on January 27, 2012.
Increasing 9.9% (+50 cents) to close at $5.55, Hawaiian Holdings (HA) was a major gainer in the sector. Today, 1.2 million shares traded hands. The stock traded in a range of $5.11 to $5.57. The stock has fallen over the last three months, dropping $1.17 (-17.4%) from $6.72 on January 27, 2012.
Landstar System (LSTR) rose 1.8% to close at $57.43, cross its 50-day moving average of $56.81 and 200-day moving average of $50.48. C.H. Robinson Worldwide (CHRW) declined 7.5% to close at $60.91, moving below its 50-day moving average of $65.38 and 200-day moving average of $66.93.
Westinghouse Air Brake Technologies (DAC) fell 0.7% to close at $78.11, moving closer to its 50-day moving average of $76.09. Also, the stock moved closer to its 200-day moving average of $3.71. China Eastern Airlines (CEA) rose 3.5% to close at $15.96, approaching its 50-day moving average of $16.61. It has also moved closer to its 200-day moving average of $18.22.
Kansas City Southern (KSU) hit a new 52-week high today, reaching $77.65 to top the previous high of $75.31.