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Thursday, 16 May 2024

Monday Sector Laggards: Banking & Savings, Airlines

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Monday Sector Laggards: Banking & Savings, Airlines
Monday Sector Laggards: Banking & Savings, Airlines

In trading on Monday, banking & savings shares were relative laggards, down on the day by about 3%.

Helping drag down the group were shares of Coastal Financial, off about 7.9% and shares of Business First Bancshares off about 7.7% on the day.

In trading on Monday, banking & savings shares were relative laggards, down on the day by about 3%.

Helping drag down the group were shares of Coastal Financial, off about 7.9% and shares of Business First Bancshares off about 7.7% on the day.

Also lagging the market Monday are airlines shares, down on the day by about 2.5% as a group, led down by Jetblue Airways, trading lower by about 6.9% and Copa Holdings, trading lower by about 4.8%.

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