Markets

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

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Shutterstock photo

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In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Exco Resources ( XCO ), off about 15.2% and shares of Rex Energy ( REXX ) off about 11.5% on the day.

Also lagging the market Monday are defense shares, down on the day by about 1.7% as a group, led down by Arotech Corporation ( ARTX ), trading lower by about 9% and Kratos Defense & Security ( KTOS ), trading lower by about 2.4%.

VIDEO: Monday Sector Laggards: Oil & Gas Exploration & Production, Defense Stocks

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


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

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