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Sunday, May 5, 2024

Tuesday Sector Laggards: Biotechnology, Aerospace & Defense Stocks

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Tuesday Sector Laggards: Biotechnology, Aerospace & Defense Stocks
Tuesday Sector Laggards: Biotechnology, Aerospace & Defense Stocks

In trading on Tuesday, biotechnology shares were relative laggards, down on the day by about 2.2%.

Helping drag down the group were shares of DiaMedica Therapeutics, down about 33.9% and shares of Kiromic BioPharma down about 16.9% on the day.

In trading on Tuesday, biotechnology shares were relative laggards, down on the day by about 2.2%.

Helping drag down the group were shares of DiaMedica Therapeutics, down about 33.9% and shares of Kiromic BioPharma down about 16.9% on the day.

Also lagging the market Tuesday are aerospace & defense shares, down on the day by about 2.1% as a group, led down by Virgin Galactic Holdings, trading lower by about 14.3% and Bombardier, trading lower by about 7%.

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