New York-listed shipping stocks are heading into the first full week of earnings season with the wrong kind of momentum.
The 30 stocks under coverage of investment bank Jefferies spent a second straight week underperforming broader market indices, which themselves were sold off by investors.
After a strong start to 2021, shipping is losing wind in its sails just as earnings season begins in earnest, with big names such as Scorpio Bulkers and Euronav set to report this week.
