Tuesday Sector Laggards: Aerospace & Defense, Shipping Stocks
Tuesday Sector Laggards: Aerospace & Defense, Shipping Stocks
In trading on Tuesday, aerospace & defense shares were relative laggards, down on the day by about 2.7%.
Helping drag down the group were shares of Triumph Group (TGI), off about 9.3% and shares of Spirit Aerosystems Holdings (SPR) off about 8% on the day.
In trading on Tuesday, aerospace & defense shares were relative laggards, down on the day by about 2.7%.
Helping drag down the group were shares of Triumph Group (TGI), off about 9.3% and shares of Spirit Aerosystems Holdings (SPR) off about 8% on the day.
Also lagging the market Tuesday are shipping shares, down on the day by about 1.9% as a group, led down by Eagle Bulk Shipping (EGLE), trading lower by about 6% and Ardmore Shipping Corporation (ASC), trading lower by about 5.8%.
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