Consumer stocks were retreating Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%.
In corporate news, Duckhorn Portfolio (NAPA) shares surged 103% after it agreed to be acquired by funds managed by private equity firm Butterfly Equity in a deal that values the wine company at about $1.95 billion.
The US Supreme Court rejected a petition by Living Essentials to review a ruling by the US Court of Appeals for the Ninth Circuit that revived antitrust claims against the drink maker for favoring Costco (COST) on wholesale pricing, Bloomberg reported. Costco shares were shedding 0.8%.
Unilever (UL) is spending over 150 million euros ($165 million) to overhaul the supply chain for its European homecare business, Reuters reported. Unilever shares were down 0.7%.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。