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Saturday, April 20, 2024

Wednesday Sector Laggards: Auto Dealerships, Department Stores

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Wednesday Sector Laggards: Auto Dealerships, Department Stores
Wednesday Sector Laggards: Auto Dealerships, Department Stores

In trading on Wednesday, auto dealerships shares were relative laggards, down on the day by about 3%.

Helping drag down the group were shares of Penske Automotive Group, down about 11.6% and shares of Sonic Automotive off about 8.5% on the day.

In trading on Wednesday, auto dealerships shares were relative laggards, down on the day by about 3%.

Helping drag down the group were shares of Penske Automotive Group, down about 11.6% and shares of Sonic Automotive off about 8.5% on the day.

Also lagging the market Wednesday are department stores shares, down on the day by about 2.1% as a group, led down by The Realreal, trading lower by about 5.1% and Target, trading lower by about 4.9%.

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