Tuesday Sector Laggards: Shipping, Biotechnology Stocks
Video Credit: Market News Video - Duration: 01:08s - Published
Tuesday Sector Laggards: Shipping, Biotechnology Stocks
In trading on Tuesday, shipping shares were relative laggards, down on the day by about 4.8%.
Helping drag down the group were shares of Navios Maritime Holdings, off about 16.2% and shares of Star Bulk Carriers down about 12.4% on the day.
In trading on Tuesday, shipping shares were relative laggards, down on the day by about 4.8%.
Helping drag down the group were shares of Navios Maritime Holdings, off about 16.2% and shares of Star Bulk Carriers down about 12.4% on the day.
Also lagging the market Tuesday are biotechnology shares, down on the day by about 4.3% as a group, led down by Frequency Therapeutics, trading lower by about 75.6% and Anixa Biosciences, trading lower by about 29%.
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