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%.
VIDEO: Thursday Sector Laggards: Shipping, General Contractors & Builders
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