Decliners dominate, but a few Huntsville stocks turn gains

Decliners dominate, but a few Huntsville stocks turn gains

Decliners had the run of our Huntsville and Alabama Stock Report on Tuesday, with the biggest headline being Community Health Systems taking a third-straight big hit.

The Franklin, Tennessee-based, company with locations in Alabama (Birmingham, Dothan, Enterprise, Foley, Gadsden and Huntsville) dropped 6.7% to close at $3.76 after falling 10.8% on Monday and 8.1% on Friday. The three drops came on the heels of an increase of 18.8% on Thursday that put its stock price at $4.92 a share.

Jacobs Solutions and Adtran led the gainers, rising 4.6% and 3.7%, respectively.

Tyson saw a 1.4% gain after Monday’s decline.

Overall, Wall Street slipped Tuesday as worries about the banking system and the global economy forced more caution into financial markets worldwide.

The S&P 500 fell 19.06, or 0.4%, to 4,499.38 and at one point was down nearly triple that. It was the fifth loss in the last six days for the index after it rocketed through the year’s first seven months.