US STOCKS-Ebola concerns lift Lakeland and Alpha in heavy trading
01/10/2014 19:04
By Ryan Vlastelica
NEW YORK, Oct 1 (Reuters) - Shares of Lakeland Industries
LAKE.O and Alpha Pro Tech APT.A rallied on Wednesday in
heavy trading, following news a day earlier of the first
diagnosis of a patient in the United States with Ebola.
Lakeland, which makes protective clothing for healthcare and
first responders, rose 8.4 percent to $7.53 on volume of about
1.4 million shares, many times its 50-day average of about
81,300. Wednesday was the most active day for the stock since
June 2004.
Alpha Pro Tech, whose infection control unit makes face
masks and eye shields, rose 4 percent to $3.38. The stock moved
on total volume of 1.4 million, well above its 50-day average of
less than 150,000.
Index snapshot at 1358 EDT:
* S&P 500 .SPX was down 25.96 points, or 1.32 percent.
* Nasdaq Comp .IXIC was down 76.27 points, or 1.7 percent.
* Dow industrials .DJI was down 246.11 points, or 1.44
percent.
* Russell 2000 .TOY was down 16.57 points, or 1.5 percent.
* S&P MidCap .IDX was down 19.33 points, or 1.41 percent.
* S&P SmallCap .SPCY was down 8.54 points, or 1.34
percent.
(Editing by Bernadette Baum)
((ryan.vlastelica@thomsonreuters.com; Tel: +1 646-223-6014;
Reuters Messaging:
ryan.vlastelica@thomsonreuters.com@reuters.net @RV_Reuters))