In trading on Wednesday, textiles shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of Perry Ellis International (NASDAQ:PERY), up about 16.8% and shares of Iconix Brand Group (NASDAQ:ICON) up about 12.4% on the day.
Also showing relative strength are defense shares, up on the day by about 1.9% as a group, led by Kratos Defense & Security Solutions (NASDAQ:KTOS), trading up by about 5.5% and Huntington Ingalls Industries (NYSE:HII), trading up by about 3.6% on Wednesday.
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.