The Transportation sector (IYT) held steady during a trading day that saw the S&P 500 grow 0.7%.
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 up 8% over the last thirty trading days. The S&P 500, in comparison, went up 7.3%.
Torm A\x2FS (TRMD) was one of the sector's big losers, as its price dropped 6.9% (-2 cents) to close at 32 cents. 11,352 shares of the stock moved. The stock traded in a range of 31 cents to 36 cents.
Quality Distribution (QLTY) was a major gainer in the sector, rising 4.2% (+45 cents) to close at $11.06 with 25,727 shares moving. The stock traded in a range of $10.54 to $11.09. Over the last three months, the stock has lost $2.85 (-20.5%) from a price of $13.91 on April 5, 2012.
Atlas Air Worldwide Holdings (AAWW) rose 3.5% to close at $45.81, cross its 50-day moving average of $44.33 and 200-day moving average of $44.62. Golar LNG (GLNG) declined 0.6% to close at $37.87, moving below its 50-day moving average of $34.73 and 200-day moving average of $38.32.
Kirby Corporation (KEX) rose 2% to close at $47.92, approaching its 50-day moving average of $52.37. It has also moved closer to its 200-day moving average of $61.26.
RailAmerica (RA) hit a new 52-week high today, reaching $25.83 to top the previous high of $24.73.