In trading on Tuesday, textiles shares were relative laggards, down on the day by about 1.7%. Helping drag down the group were shares of Joe's Jeans (NASDAQ:JOEZ), off about 21.5% and shares of Quicksilver (ZQK) down about 3.3% on the day.
Also lagging the market Tuesday are auto parts shares, down on the day by about 1.5% as a group, led down by Standard Motor Products (NYSE:SMP), trading lower by about 9.2% and American Axle & Manufacturing (NYSE:AXL), trading lower by about 4.3%.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.