---Advertisement---

Thursday’s Sector Underperformers: Shipping, Construction, and Building Trades

Shipping and Construction Stocks Decline Significantly on Thursday

On Thursday, shipping shares lagged behind the market, dropping approximately 1.8%. Notably, Dorian LPG led the decline with a substantial decrease of about 8.3%, while SFL followed close behind, falling around 4% for the day.

General Contractors and Builders Also Underperform

General contractors and builders experienced a setback, with shares collectively down about 1.7%. This segment was particularly affected by Cavco Industries, which saw a decrease of roughly 3.1%. Dream Finders Homes also contributed to the decline, trading down by about 2.9%.

Thursday Sector Laggards: Shipping, General Contractors & BuildersVIDEO: Thursday Sector Laggards: Shipping, General Contractors & Builders

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

Join WhatsApp

Join Now
---Advertisement---