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Tuesday Sector Laggards: Advertising, Application Software Stocks

In trading on Tuesday, advertising shares were relative laggards, down on the day by about 6.3%. Helping drag down the group were shares of Magnite, off about 14.9% and shares of Advantage Solutions down about 12.5% on the day.

Also lagging the market Tuesday are application software shares, down on the day by about 4.5% as a group, led down by Manhattan Associates, trading lower by about 14.2% and Epam Systems, trading lower by about 13%.

Tuesday Sector Laggards: Advertising, Application Software StocksVIDEO: Tuesday Sector Laggards: Advertising, Application Software Stocks

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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