Trying to hang onto gains in the falling market

Heading into the last hour in the trading day, several Connecticut companies tried to cling to gains, including two energy companies.
Bolt Technology was up more than 5 percent Monday to $12.90, but was declining as the market continued to lose ground. It was last up 33 cents to $12.60, representing a 2.69 percent gain for the maker of oil exploration equipment.
Prime Energy Corp, was up more than 14 cents late in the day to $24 a share, but the oil and natural gas producer finally gave up its gains right before 3 p.m. and dropped 56 to $23.30.
Hexcel was up 18 cents. Webster Bank continued to hang onto a 2 cent gain and Xerox added 6 cents.
The market was hammered from the opening Monday and the Dow was off 112 points.
Sturm Ruger, which has been on a big run this year, was off 5 percent ad was equipment rental company, United Rentals.

Categories: Wall Street
Rob Varnon

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