State stocks battered by market sell-off

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BY DON MECOY
Published: October 6, 2008

The shares of some of Oklahoma’s most highly regarded companies were battered today as the stock market plummeted.

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The Dow Jones Industrial Average skidded more than 500 points in the first hours of trading to fall below the 10,000 level for the first time in four years.

The plunge sent many state stocks to new 52-week lows. None of the nearly 50 state-based stocks that trade on major exchanges was registering a gain at midday.

The biggest local losers included:

Hiland Holdings, -21 percent.

Quest Energy Partners, -20 percent.

Crusader Energy, -20 percent.

Ram Energy Resources, -18 percent.

Panhandle Oil & Gas, -13 percent.

ONEOK Partners, -13 percent.

Chesapeake Energy, -12 percent.

Arena Resources, -12 percent

Devon Energy, -11 percent.

Dollar Thrifty Automotive Group, -11 percent.


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Related Topics: Domestic Policy, Political Policy, Politics, U.S. Markets, Business, Financial Markets, Energy Policy, U.S. Market Indexes, Dow Jones Industrial Average


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Please give Symbols in articles relating to stocks.
ron, woodward - Oct 6, 2008 7:15 PM
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Thank you, Mary Fallin. Your unprincipled switch of position to vote for a 700 billion dollar welfare check for Wall Street is partly to blame for what's happening now. I urge all real Republicans to hold their nose and vote for her opponent Steve Perry this year - in two years we can run a real conservative with actual principles, instead of this craven phony.
Jason, Edmond - Oct 6, 2008 2:19 PM
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