ZIM

Tuesday Sector Laggards: Shipping, Transportation Services

In trading on Tuesday, shipping shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of ZIM Integrated Shipping Services, off about 17.5% and shares of Euroseas off about 5.3% on the day.

Also lagging the market Tuesday are transportation services shares, down on the day by about 0.6% as a group, led down by Nordic American Tankers, trading lower by about 5% and Scorpio Tankers, trading lower by about 3.8%.

VIDEO: Tuesday Sector Laggards: Shipping, Transportation Services

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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