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Monday Sector Laggards: Shipping, Biotechnology Stocks
Monday, October 22, 11:43 AM ET

In trading on Monday, shipping shares were relative laggards, down on the day by about 1.2%. Helping drag down the group were shares of Frontline Limited (NYSE:FRO), down about 5.6% and shares of Genco Shipping & Trading Limited (NYSE:GNK) down about 4.5% on the day.

Also lagging the market Monday are biotechnology shares, down on the day by about 1% as a group, led down by Acadia Pharmaceuticals (NASDAQ:ACAD), trading lower by about 6.7% and Biodelivery Sciences International (NASDAQ:BDSI), trading lower by about 6.2%.

For MarketNewsVideo.com, I'm Kristin Bianco.

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