Tuesday Sector Laggards: Shipping, Cigarettes & Tobacco Stocks
Tuesday Sector Laggards: Shipping, Cigarettes & Tobacco Stocks
In trading on Tuesday, shipping shares were relative laggards, down on the day by about 2.9%.
Helping drag down the group were shares of Navios Maritime Holdings, off about 7.4% and shares of Star Bulk Carriers down about 7.3% on the day.
In trading on Tuesday, shipping shares were relative laggards, down on the day by about 2.9%.
Helping drag down the group were shares of Navios Maritime Holdings, off about 7.4% and shares of Star Bulk Carriers down about 7.3% on the day.
Also lagging the market Tuesday are cigarettes & tobacco shares, down on the day by about 2.4% as a group, led down by Turning Point Brands, trading lower by about 16.9% and Philip Morris International, trading lower by about 0.5%.
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