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Saturday, May 18, 2024

Wednesday Sector Leaders: Oil & Gas Exploration & Production, Shipping Stocks

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Wednesday Sector Leaders: Oil & Gas Exploration & Production, Shipping Stocks
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Shipping Stocks

In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 4.9%.

Leading the group were shares of Meta Materials, up about 19.1% and shares of Amplify Energy up about 10.5% on the day.

In trading on Wednesday, oil & gas exploration & production shares were relative leaders, up on the day by about 4.9%.

Leading the group were shares of Meta Materials, up about 19.1% and shares of Amplify Energy up about 10.5% on the day.

Also showing relative strength are shipping shares, up on the day by about 4.8% as a group, led by Navios Maritime Holdings Inc (NM), trading higher by about 14.3% and Eagle Bulk Shipping, trading up by about 8.9% on Wednesday.

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