The S&P 500 lost 0.4% while the Financial sector (XLF) showed little movement during trading today.
Horizon Bancorp (HBNC) was a significant gainer in the sector, rising 8.6%. The stock closed at $25.17 with 29,503 shares moving. The stock traded in a range of $24.21 to $25.25.
Humana (HUM) was a major loser in the sector. Its price dropped 8.1% (-$7.14) to close at $80.68, as 7.3 million shares moved. The stock traded in a range of $79.60 to $83.90. Over the last three months, the stock has lost $10.97 (-12%) from a price of $91.65 on February 1, 2012.
Kayne Anderson Energy Total Return Fund (KYE) rose 2.5% to close at $27.97, cross its 50-day moving average of $27.50 and 200-day moving average of $26.66.
San Juan Basin Royalty (SJT) rose 3% to close at $16.94, approaching its 50-day moving average of $18.13. It has also moved closer to its 200-day moving average of $20.56. SVB Financial Group (CAC) fell 2.5% to close at $64.09, moving closer to its 50-day moving average of $63.69. Also, the stock moved closer to its 200-day moving average of $32.52.
Bridge Capital Holdings (BBNK) hit a new 52-week high today, reaching $15.67 to top the previous high of $14.63.