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Sunday, April 28, 2024

Wednesday Sector Laggards: Shipping, Oil & Gas Refining & Marketing Stocks

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Wednesday Sector Laggards: Shipping, Oil & Gas Refining & Marketing Stocks
Wednesday Sector Laggards: Shipping, Oil & Gas Refining & Marketing Stocks

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

Helping drag down the group were shares of Safe Bulkers (SB), down about 4.6% and shares of Dorian LPG (LPG) down about 3.9% on the day.

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

Helping drag down the group were shares of Safe Bulkers (SB), down about 4.6% and shares of Dorian LPG (LPG) down about 3.9% on the day.

Also lagging the market Wednesday are oil & gas refining & marketing shares, down on the day by about 1.3% as a group, led down by PBF Energy (PBF), trading lower by about 4.4% and Delek US Holdings (DK), trading lower by about 4.2%.

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