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Sunday, May 5, 2024

Friday Sector Laggards: Textiles, Shipping Stocks

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Friday Sector Laggards: Textiles, Shipping Stocks
Friday Sector Laggards: Textiles, Shipping Stocks

In trading on Friday, textiles shares were relative laggards, down on the day by about 1.5%.

Helping drag down the group were shares of Crocs, down about 5.9% and shares of HanesBrands down about 4.8% on the day.

In trading on Friday, textiles shares were relative laggards, down on the day by about 1.5%.

Helping drag down the group were shares of Crocs, down about 5.9% and shares of HanesBrands down about 4.8% on the day.

Also lagging the market Friday are shipping shares, down on the day by about 1.2% as a group, led down by EuroDry, trading lower by about 4.7% and Danaos, trading lower by about 3.8%.

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