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Wednesday Sector Laggards: Real Estate, Defense Stocks

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In trading on Wednesday, real estate shares were relative laggards, down on the day by about 0.1%. Helping drag down the group were shares of United Development Funding IV ( UDF ), off about 9.6% and shares of China HGS Real Estate ( HGSH ) down about 6.9% on the day.

Also lagging the market Wednesday are defense shares, up on the day by about 0.2% as a group, led down by Aerojet Rocketdyne Holdings ( AJRD ), trading lower by about 1.6% and Orbital ATK ( OA ), trading lower by about 0.2%.

VIDEO: Wednesday Sector Laggards: Real Estate, 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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