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Monday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks


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In trading on Monday, shipping shares were relative laggards, down on the day by about 3.5%. Helping drag down the group were shares of Golden Ocean Group ( GOGL ), off about 10.3% and shares of Star Bulk Carriers ( SBLK ) down about 8.9% on the day.

Also lagging the market Monday are oil & gas exploration & production shares, down on the day by about 2.4% as a group, led down by W&T Offshore ( WTI ), trading lower by about 9.9% and Ion Geophysical ( IO ), trading lower by about 9.5%.

Monday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks VIDEO: Monday Sector Laggards: Shipping, Oil & Gas Exploration & Production 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 , Investing Ideas
Referenced Symbols: GOGL , SBLK , WTI , IO




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