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Tuesday, April 23, 2024

Monday Sector Laggards: Apparel Stores, Department Stores

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Monday Sector Laggards: Apparel Stores, Department Stores
Monday Sector Laggards: Apparel Stores, Department Stores

In trading on Monday, apparel stores shares were relative laggards, down on the day by about 1.3%.

Helping drag down the group were shares of Designer Brands, down about 5.4% and shares of The Gap off about 3.4% on the day.

In trading on Monday, apparel stores shares were relative laggards, down on the day by about 1.3%.

Helping drag down the group were shares of Designer Brands, down about 5.4% and shares of The Gap off about 3.4% on the day.

Also lagging the market Monday are department stores shares, down on the day by about 0.7% as a group, led down by Tuesday Morning, trading lower by about 7.5% and Party City Holdco, trading lower by about 3%.

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