News Column

Tuesday Sector Laggards: Cigarettes & Tobacco, Drugs

July 15, 2014

In trading on Tuesday, cigarettes & tobacco shares were relative laggards, down on the day by about 3.2%. Helping drag down the group were shares of Lorillard (LO), off about 8.2% and shares of Reynolds American (RAI) down about 4.9% on the day.

Also lagging the market Tuesday are drugs shares, down on the day by about 2.6% as a group, led down by ZS Pharma (ZSPH), trading lower by about 8.1% and Aveo Pharmaceuticals (AVEO), trading lower by about 7.8%.

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