Teekay Tankers (TNK) Stock Drops Despite Market Gains: Important Facts to Note

The oil and gas shipping company's shares have seen a decrease of 10.94% over the last month, not keeping up with the Transportation sector's loss of 0.1% and the S&P 500's loss of 1.16%. The most recent trading session ended with Teekay Tankers (TNK) standing at $62.61, reflecting a -0.4% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 1.11%. Elsewhere, the Dow saw an upswing of 1.64%, while the tech-heavy Nasdaq appreciated by 1.03%. Investors ...