Trying to hang onto gains in the falling market

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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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