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Sunday, May 5, 2024

Wednesday Sector Laggards: Airlines, Shipping Stocks

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Wednesday Sector Laggards: Airlines, Shipping Stocks
Wednesday Sector Laggards: Airlines, Shipping Stocks

In trading on Wednesday, airlines shares were relative laggards, down on the day by about 2.1%.

Helping drag down the group were shares of Sun Country Airlines Holdings, off about 7.3% and shares of Delta Air Lines down about 5% on the day.

In trading on Wednesday, airlines shares were relative laggards, down on the day by about 2.1%.

Helping drag down the group were shares of Sun Country Airlines Holdings, off about 7.3% and shares of Delta Air Lines down about 5% on the day.

Also lagging the market Wednesday are shipping shares, down on the day by about 2% as a group, led down by Navios Maritime Holdings, trading lower by about 5.5% and Safe Bulkers, trading lower by about 5.1%.

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