Benzinga's Worst Performing Industries (CSCO, ANW, CNAM, BA, RTN, JBL, IEC)

Networking & communication devices industry dropped 13.64% on Thursday, as Cisco Systems, Inc. CSCO traded sharply lower. Cisco Systems, Inc. (CSCO) fell 16.21%, after company issued lower than expected revenue forecast. Basic materials wholesale industry traded 8.71% lower today. In the space, Aegean Marine Petroleum Network Inc. ANW slipped 35.57% on a huge volume of 13.26M shares. China Armco Metals, Inc CNAM also disappointed as it traded 15.37% lower. Aerospace/Defense - Major Diversified industry fell 2.26%, and in the space, The Boeing Company BA lost 2.53%. Raytheon Company RTN dropped 1.69%, and closed at $47.15. Printed circuit boards industry lost 2.22% on Thursday. Jabil Circuit, Inc. JBL fell 4.64%, and closed at $14.40. IEC Electronics Corp. IEC fell 4.55% today.