ZIM

Wednesday Sector Laggards: Shipping, Drugs

In trading on Wednesday, shipping shares were relative laggards, down on the day by about 2.4%. Helping drag down the group were shares of ZIM Integrated Shipping Services, down about 5.8% and shares of Himalaya Shipping off about 5.5% on the day.

Also lagging the market Wednesday are drugs shares, down on the day by about 1.9% as a group, led down by AnaptysBio, trading lower by about 32.5% and ADC Therapeutics, trading lower by about 24.4%.

Wednesday Sector Laggards: Shipping, DrugsVIDEO: Wednesday Sector Laggards: Shipping, Drugs

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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