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Thursday Sector Laggards: Auto Dealerships, Advertising Stocks
In trading on Thursday, auto dealerships shares were relative laggards, down on the day by about 4.6%. Helping drag down the group were shares of Group 1 Automotive, off about 15.6% and shares of Carvana off about 12% on the day.
Also lagging the market Thursday are advertising shares, down on the day by about 4% as a group, led down by WPP, trading lower by about 8% and Advantage Solutions, trading lower by about 8%.
VIDEO: Thursday Sector Laggards: Auto Dealerships, Advertising Stocks