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Wednesday, June 5, 2024

Tuesday Sector Laggards: Semiconductors, Shipping Stocks

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Tuesday Sector Laggards: Semiconductors, Shipping Stocks
Tuesday Sector Laggards: Semiconductors, Shipping Stocks

In trading on Tuesday, semiconductors shares were relative laggards, down on the day by about 4.5%.

Helping drag down the group were shares of SkyWater Technology, down about 39.7% and shares of Ebang International Holdings off about 13.3% on the day.

In trading on Tuesday, semiconductors shares were relative laggards, down on the day by about 4.5%.

Helping drag down the group were shares of SkyWater Technology, down about 39.7% and shares of Ebang International Holdings off about 13.3% on the day.

Also lagging the market Tuesday are shipping shares, down on the day by about 3.9% as a group, led down by Navios Maritime Holdings, trading lower by about 10.3% and Safe Bulkers , trading lower by about 8.4%.

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