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Friday, May 3, 2024

Monday Sector Laggards: Shipping, Oil & Gas Refining & Marketing Stocks

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Monday Sector Laggards: Shipping, Oil & Gas Refining & Marketing Stocks
Monday Sector Laggards: Shipping, Oil & Gas Refining & Marketing Stocks

In trading on Monday, shipping shares were relative laggards, down on the day by about 1.2%.

Helping drag down the group were shares of Scorpio Bulkers, down about 6.8% and shares of Seacor Marine Holdings off about 5.2% on the day.

In trading on Monday, shipping shares were relative laggards, down on the day by about 1.2%.

Helping drag down the group were shares of Scorpio Bulkers, down about 6.8% and shares of Seacor Marine Holdings off about 5.2% on the day.

Also lagging the market Monday are oil & gas refining & marketing shares, down on the day by about 1.2% as a group, led down by Adams Resources & Energy, trading lower by about 8.1% and CVR Energy, trading lower by about 3.6%.

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