Ardmore Shipping (ASC) Stock Sinks As Market Gains: Here's Why

The latest trading session saw Ardmore Shipping (ASC) ending at $16.39, denoting a -0.06% adjustment from its last day's close. This change lagged the S&P 500's 0.89% gain on the day. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.Shares of the shipping company witnessed a gain of 2.31% over the previous month, beating the performance of the Transportation sector with its gain of 0.81% and underperforming the S&P 500's gain of 3.56%.Market participants will be closely followin ...