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Thursday, April 25, 2024

Friday Sector Laggards: Aerospace & Defense, Oil & Gas Exploration & Production Stocks

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Friday Sector Laggards: Aerospace & Defense, Oil & Gas Exploration & Production Stocks
Friday Sector Laggards: Aerospace & Defense, Oil & Gas Exploration & Production Stocks

In trading on Friday, aerospace & defense shares were relative laggards, down on the day by about 3.6%.

Helping drag down the group were shares of Embraer, down about 12% and shares of Triumph Group off about 10% on the day.

In trading on Friday, aerospace & defense shares were relative laggards, down on the day by about 3.6%.

Helping drag down the group were shares of Embraer, down about 12% and shares of Triumph Group off about 10% on the day.

Also lagging the market Friday are oil & gas exploration & production shares, down on the day by about 2% as a group, led down by Whiting Petroleum, trading lower by about 28.6% and Petroleo Brasileiro, trading lower by about 10.9%.

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