US-listed shipping stocks still have gaudy overall gains thus far in 2021 as investors regain interest in the trade, but the past two weeks have seen a pause in the momentum.
The 32 New York listings under the coverage of investment bank Jefferies ended Friday with a 0.9% decline over the prior week.
It was the the second straight week that they underperformed the S&P 500, which logged a 1.4%