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Monday Sector Laggards: Rental, Leasing, & Royalty, Shipping Stocks


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In trading on Monday, rental, leasing, & royalty shares were relative laggards, down on the day by about 3.2%. Helping drag down the group were shares of Sandridge Mississippian Trust II ( SDR ), down about 12.1% and shares of BP Prudhoe Bay Royalty Trust ( BPT ) down about 7.1% on the day.

Also lagging the market Monday are shipping shares, down on the day by about 2.5% as a group, led down by Navios Maritime Holdings ( NM ), trading lower by about 14.1% and Genco Shipping & Trading ( GNK ), trading lower by about 13.1%.

Monday Sector Laggards: Rental, Leasing, & Royalty, Shipping Stocks VIDEO: Monday Sector Laggards: Rental, Leasing, & Royalty, Shipping Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing
Referenced Symbols: SDR , BPT , NM , GNK



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