During trading today, the Transportation sector (IYT) showed little change while the S&P 500 fell 0.5%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, IYT was down 3.3% over the last seven trading days while the S&P 500 went up -2.4%.
Globus Maritime (GLBS) was a major loser in the sector. Its price dropped 10% (-31 cents) to close at $2.79, as 20,892 shares moved. The stock traded between $2.76 and $3.03.
Increasing 4% (+59 cents) to close at $15.28, The Greenbrier Companies (GBX) was a major gainer in the sector. Today, 473,601 shares traded hands. The stock traded in a range of $14.58 to $15.37. The stock has fallen over the last three months, dropping $3.09 (-16.8%) from $18.37 on April 16, 2012.
Mobile Mini (MINI) rose 2.4% to close at $14.04, crossing its 50-day moving average of $13.88. Meanwhile, Zipcar (ZIP) dropped 2.5% to close at $11.35, moving below its 200-day moving average or $12.78.
Ultrapetrol (Bahamas) (ULTR) rose 4.8% to close at $1.31, approaching its 50-day moving average of $1.40. It has also moved closer to its 200-day moving average of $2.07. United Continental Holdings (FDX) fell 4.1% to close at $23.78, moving closer to its 50-day moving average of $23.62. Also, the stock moved closer to its 200-day moving average of $88.87.