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Tuesday, April 23, 2024

Friday Sector Laggards: Information Technology Services, Entertainment Stocks

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Friday Sector Laggards: Information Technology Services, Entertainment Stocks
Friday Sector Laggards: Information Technology Services, Entertainment Stocks

In trading on Friday, information technology services shares were relative laggards, down on the day by about 5.6%.

Helping drag down the group were shares of Chindata Group Holdings, down about 31.9% and shares of American Virtual Cloud Technologies down about 28.4% on the day.

In trading on Friday, information technology services shares were relative laggards, down on the day by about 5.6%.

Helping drag down the group were shares of Chindata Group Holdings, down about 31.9% and shares of American Virtual Cloud Technologies down about 28.4% on the day.

Also lagging the market Friday are entertainment shares, down on the day by about 4.8% as a group, led down by Engine Gaming and Media, trading lower by about 18.2% and Lizhi, trading lower by about 10.7%.

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