Channel Stocks: Who's Up And Who's Down
Stock markets were on an upward trajectory through much of 2017 with only intermittent pullbacks. For the year the Dow Jones Index was up a healthy 25.08 percent while the Nasdaq was up an impressive 28.24 percent.
So how did publicly held solution provider companies fare? Seventeen of the companies on our channel watch list recorded stock price increases in the year, most by double-digit percentages, while 10 recorded stock price declines – several by hefty double-digit percentages.
Here's a look at who was up and who was down in 2017, starting with companies with the biggest gains in share price, based on stock closing prices on Dec. 30, 2016, and Dec. 29, 2017.