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Sunday, May 5, 2024

Monday Sector Laggards: Railroads, Semiconductors

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Monday Sector Laggards: Railroads, Semiconductors
Monday Sector Laggards: Railroads, Semiconductors

In trading on Monday, railroads shares were relative laggards, down on the day by about 2.8%.

Helping drag down the group were shares of Freightcar America, down about 18.2% and shares of Trinity Industries off about 2.8% on the day.

In trading on Monday, railroads shares were relative laggards, down on the day by about 2.8%.

Helping drag down the group were shares of Freightcar America, down about 18.2% and shares of Trinity Industries off about 2.8% on the day.

Also lagging the market Monday are semiconductors shares, down on the day by about 1.5% as a group, led down by Beam Global, trading lower by about 5.5% and Shoals Technologies Group, trading lower by about 5.5%.

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