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
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