Sector Update: Consumer Stocks Retreat in Afternoon Trading

MT Newswires Live
2024-10-22

Consumer stocks were lower Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) sliding 0.8%.

In corporate news, Walt Disney (DIS) said Monday it appointed current Morgan Stanley (MS) Executive Chairman James Gorman as its board chair, and that it will announce Chief Executive Bob Iger's replacement in early 2026. Disney shares fell 1.1% in recent trading.

Mondelez (MDLZ) on Monday sold its stake in Dutch coffee maker JDE Peet's to investment firm JAB in a deal worth 2.16 billion euros ($2.34 billion). Mondelez shares were down 1.3%.

PLBY Group (PLBY) shares jumped nearly 15%. The company received interest from Cooper Hefner-led Hefner Capital regarding an acquisition of the Playboy brand, Bloomberg reported.

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。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10