In trading on Wednesday, oil & gas exploration & production shares were relative laggards, down on the day by about 3%. Helping drag down the group were shares of Magnum Hunter Resources (MHR), off about 11.8% and shares of Penn Virginia Corporation (PVA) down about 11% on the day.
Also lagging the market Wednesday are precious metals shares, down on the day by about 2.5% as a group, led down by General Moly (AMEX:GMO), trading lower by about 7% and Fortuna Silver Mines (NYSE:FSM), trading lower by about 6.7%.
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