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Sunday, April 28, 2024

Thursday Sector Laggards: Transportation Services, Shipping Stocks

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Thursday Sector Laggards: Transportation Services, Shipping Stocks
Thursday Sector Laggards: Transportation Services, Shipping Stocks

In trading on Thursday, transportation services shares were relative laggards, down on the day by about 3.7%.

Helping drag down the group were shares of Gaslog Partners (GLOP), down about 48.4% and shares of Frontline (FRO) down about 6.6% on the day.

In trading on Thursday, transportation services shares were relative laggards, down on the day by about 3.7%.

Helping drag down the group were shares of Gaslog Partners (GLOP), down about 48.4% and shares of Frontline (FRO) down about 6.6% on the day.

Also lagging the market Thursday are shipping shares, down on the day by about 3.3% as a group, led down by Golar LNG Partners (GMLP), trading lower by about 13.7% and Navios Maritime Acquisition Corporation (NNA), trading lower by about 10.3%.

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