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Wednesday, May 1, 2024

Monday Sector Laggards: Oil & Gas Equipment & Services, Apparel Stores

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Monday Sector Laggards: Oil & Gas Equipment & Services, Apparel Stores
Monday Sector Laggards: Oil & Gas Equipment & Services, Apparel Stores

In trading on Monday, oil & gas equipment & services shares were relative laggards, down on the day by about 0.7%.

Helping drag down the group were shares of Forum Energy Technologies, off about 23.5% and shares of Phillips 66 Partners off about 13.5% on the day.

In trading on Monday, oil & gas equipment & services shares were relative laggards, down on the day by about 0.7%.

Helping drag down the group were shares of Forum Energy Technologies, off about 23.5% and shares of Phillips 66 Partners off about 13.5% on the day.

Also lagging the market Monday are apparel stores shares, down on the day by about 0.5% as a group, led down by Designer Brands, trading lower by about 7.5% and Vera Bradley, trading lower by about 4.3%.

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