Auto Dealerships Slide
The trading floor was a somber arena for auto dealership stocks on Thursday, carrying the weight of a 1.9% slump. Among the key contributors to this decline were Carmax’s plummet of about 12.4% and Rivian Automotive’s retreat of approximately 6.6% within the same day.
Life & Health Insurance Struggles
Simultaneously, within the financial realm, life & health insurance stocks witnessed a similar downtrend of around 1.9% collectively. Notable among this descent were Globe Life, dragging at a significant 21.5%, and Primerica, underperforming by about 3.7%.
VIDEO: Thursday Sector Laggards: Auto Dealerships, Life & Health Insurance Stocks
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
