Fort Lauderdale company Splash Beverage Group Inc. (SBEV:ASQ) working in Beverages sees value fall 6.2% in week ending June 18

0Comments

Value in Beverages stocks fell 8.5 percent in the week ending June 18 from the previous week.

The strongest performing Beverages company in Florida was South Beach Spirits Inc. (SBES:PKC), sitting 221.4 percent higher to sell at $0.0007.

Celsius Holdings Inc. (CELH:NAQ) fared the worst among Florida companies, suffering a 42.8 percent drop to $55.45.

Among Fort Lauderdale companies, Splash Beverage Group Inc. (SBEV:ASQ) saw the biggest fall in value of 6.2 percent in the week ending June 18.

The Finance and Credit Services industry was the week’s best-performing industry on the market. The market is divided into 45 different industries.

Oil, Gas and Coal was the worst-performing industry.

Healthcare and technology stocks are viewed as the safest bets for long-term gains.

Besty Kuekcer with Benzinga.com said healthcare-related stocks, such as hospital conglomerates and insurance companies, have weathered numerous economic crises and still make a profit, suggesting that they are generally a stable investment.

While technology stocks can be more risky, given the boom-bust nature of new tech companies, Kuecker recommended a diverse portfolio of tech companies to strike it big when companies succeed or sell to other larger companies.

For short-term investments, Kuecker recommended “consumer discretionary” stocks, which are sensitive to economic changes but can rise greatly on the back of a strong economy.

Nothing in this article is to be assumed as financial advice.

Rank of stock market industries in week ending June 18

Industry Percentage Change Highest Positive Change Largest Negative Change
Finance and Credit Services 144.7% 6,419.1% -57.9%
Tobacco 3.2% 320.6% -97.2%
Medical Equipment and Services 1.6% 1,322.5% -83.3%
Open End and Miscellaneous Investment Vehicles -1% 755,591.5% -100%
Pharmaceuticals and Biotechnology -2.6% 25,340% -96.6%
Non-life Insurance -3% 631.9% -91.8%
Leisure Goods -3.4% 684.5% -98.7%
Banks -4.2% 24,880.2% -99%
Personal Care, Drug and Grocery Stores -4.3% 636% -72.2%
Life Insurance -4.8% 2,157.4% -17.6%
Real Estate Investment Trusts -5.3% 1,853.9% -62.7%
Telecommunications Service Providers -5.5% 111,611.2% -84.7%
Electronic and Electrical Equipment -5.5% 4,024.8% -92%
Retailers -5.6% 496.8% -88.8%
Media -5.7% 1,421.8% -92.3%
Personal Goods -5.7% 4,214.6% -65.2%
Software and Computer Services -5.8% 1,610.7% -98.4%
Industrial Transportation -6.3% 1,964.8% -81.4%
Precious Metals and Mining -6.4% 98.7% -90.7%
Health Care Providers -6.8% 3,288.5% -67.1%
Aerospace and Defense -6.9% 830.3% -88.9%
Automobiles and Parts -6.9% 779.3% -70.4%
Real Estate Investment and Services -7.2% 1,487% -89.6%
Consumer Services -7.2% 366.6% -86.9%
Industrial Engineering -7.3% 606,924.8% -73.4%
Closed End Investments -7.6% 2,257.2% -94%
Industrial Metals and Mining -7.6% 1,651.7% -99.9%
Travel and Leisure -7.7% 1,052% -97.8%
Telecommunications Equipment -7.9% 2,348.9% -97.5%
Technology Hardware and Equipment -8.1% 794.7% -72.9%
Industrial Support Services -8.1% 1,605.7% -90.9%
Alternative Energy -8.3% 14,884.8% -64.7%
Investment Banking and Brokerage Services -8.3% 116,900% -99.8%
Beverages -8.5% 301.8% -89.9%
Food Producers -8.5% 1,237% -95%
Electricity -8.8% 1,331.3% -84.7%
General Industrials -9.2% 372.3% -31.3%
Gas, Water and Multi-utilities -9.7% 1,098% -49%
Chemicals -10.4% 797.5% -52.6%
Waste and Disposal Services -10.8% 1,420.3% -82%
Construction and Materials -10.9% 1,068.9% -81.5%
Mortgage Real Estate Investment Trusts -11.4% 1,225.4% -36.7%
Industrial Materials -11.4% 663.9%
Household Goods and Home Construction -11.6% 5,143.5% -83.9%
Oil, Gas and Coal -16.1% 3,175.9% -99.6%


Related

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC)

Drivers in Broward County see lowest E15 gas at $4.17 in week ending May 16

The lowest price for a gallon of E15 gas in Broward County during the week ending May 16 was $4.17, according to customer reports to GasBuddy.

Dr. Oz serves as the 17th Administrator for the Centers for Medicare u0026 Medicaid Services

Pearl at Fort Lauderdale Rehabilitation ranked No. 3 in Broward nursing home size for Q1 2026

Pearl at Fort Lauderdale Rehabilitation and Nursin was Broward County’s third largest nursing home in the first quarter of 2026, receiving an overall rating of 3, as reported by the CMS.

Dr. Oz serves as the 17th Administrator for the Centers for Medicare u0026 Medicaid Services

Pearl at Fort Lauderdale Rehabilitation ranked No. 3 in Broward nursing home size for Q1 2026

Pearl at Fort Lauderdale Rehabilitation and Nursin was Broward County’s third largest nursing home in the first quarter of 2026, receiving an overall rating of 3, as reported by the CMS.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Central Broward News.