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Thursday, April 18, 2024

Monday Sector Laggards: Shipping, Oil & Gas Equipment & Services

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Monday Sector Laggards: Shipping, Oil & Gas Equipment & Services
Monday Sector Laggards: Shipping, Oil & Gas Equipment & Services

In trading on Monday, shipping shares were relative laggards, down on the day by about 1.9%.

Helping drag down the group were shares of Seacor Marine Holdings, off about 6.2% and shares of Safe Bulkers off about 4.3% on the day.

In trading on Monday, shipping shares were relative laggards, down on the day by about 1.9%.

Helping drag down the group were shares of Seacor Marine Holdings, off about 6.2% and shares of Safe Bulkers off about 4.3% on the day.

Also lagging the market Monday are oil & gas equipment & services shares, down on the day by about 1.8% as a group, led down by Newpark Resources, trading lower by about 7.2% and Nine Energy Service, trading lower by about 6.9%.

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