In trading on Tuesday, oil & gas exploration & production shares were relative laggards, down on the day by about 5.5%. Helping drag down the group were shares of Pacific Drilling ( PACD ), off about 22.3% and shares of Legacy Reserves ( LGCY ) off about 18% on the day.
Also lagging the market Tuesday are non-precious metals & non-metallic mining shares, down on the day by about 5% as a group, led down by Olympic Steel ( ZEUS ), trading lower by about 13.4% and Freeport-McMoran Copper & Gold ( FCX ), trading lower by about 9.6%.
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.