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Wednesday Sector Laggards: Aerospace & Defense, Oil & Gas Exploration & Production Stocks

In trading on Wednesday, aerospace & defense shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of Heico, off about 6.5% and shares of AAR off about 5.3% on the day.

Also lagging the market Wednesday are oil & gas exploration & production shares, down on the day by about 2.1% as a group, led down by Ring Energy, trading lower by about 11% and Penn Virginia, trading lower by about 6.9%.

VIDEO: Wednesday Sector Laggards: Aerospace & Defense, 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.

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