Arkansas Stocks Take Wild Ride As Dow Takes Plunge

by Arkansas Business Staff  on Thursday, May. 6, 2010 3:49 pm  

Like other securities on Thursday, Arkansas stocks took a wild ride as the Dow plunged in afternoon trading on fears about debt problems in Europe and economic recovery.

The Dow Jones industrials plunged nearly 1,000 points in half an hour amid concerns that Greece's debt problems could halt the world financial recovery.

The Dow has managed to recover two-thirds of its losses and close down 347 at 10,520. But all the major indexes lost 3 percent in a day that recalled the market turmoil of the 2008 financial crisis.

In Arkansas, shares of all major public companies ended lower. Among them:

  • Arkansas Best Corp. of Fort Smith (Nasdaq: %%ABFS%%) - Down 2.08 percent to $21.20
  • Acxiom of Little Rock (Nasdaq: ACXM) - Down 1.38 percent to $17.83
  • Baldor Electric Co. of Fort Smith (NYSE: %%BEZ%%) - Down 5.09 percent to $34.65
  • America's Car-Mart of Bentonville (Nasdaq: CRMT) - Down 2.12 percent to $23.59
  • Dillard's Inc. of Little Rock (NYSE: DDS) - Down 13.98 percent to $24.56
  • Deltic Timber of El Dorado (NYSE: DEL) - Down 6.62 percent to $47.79
  • Home Bancshares of Conway (Nasdaq: HOMB) - Down 2.91 percent to $26.38
  • J.B. Hunt Transport Services of Lowell (Nasdaq: JBHT) - Down 3.51 percent to $34.88
  • Murphy Oil Corp. of El Dorado (NYSE: MUR) - Down 4.17 percent to $54.03
  • Bank of the Ozarks of Little Rock (Nasdaq: OZRK) - Down 4.06 percent to $35.65
  • Simmons First National Corp. of Pine Bluff (Nasdaq: SFNC) - Down 0.78 percent to $27.83
  • Tyson Foods Inc. of Springdale (NYSE: TSN) - Down 4.37 percent to $18.58
  • Windstream Corp. of Little Rock (NYSE: WIN) - Down 6.55 percent to $10.58
  • Wal-Mart Stores Inc. of Bentonville (NYSE: WMT) - Down 2.81 percent to $53.23

 

 

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