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Thursday, May 23, 2024

Friday Sector Laggards: Restaurants & Eateries, Aerospace & Defense Stocks

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Friday Sector Laggards: Restaurants & Eateries, Aerospace & Defense Stocks
Friday Sector Laggards: Restaurants & Eateries, Aerospace & Defense Stocks

In trading on Friday, restaurants & eateries shares were relative laggards, down on the day by about 8.2%.

Helping drag down the group were shares of Norwegian Cruise Line Holdings, down about 20.1% and shares of Carnival down about 18.1% on the day.

In trading on Friday, restaurants & eateries shares were relative laggards, down on the day by about 8.2%.

Helping drag down the group were shares of Norwegian Cruise Line Holdings, down about 20.1% and shares of Carnival down about 18.1% on the day.

Also lagging the market Friday are aerospace & defense shares, down on the day by about 7.4% as a group, led down by Spirit Aerosystems Holdings, trading lower by about 15.3% and Embraer, trading lower by about 11.3%.

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