03:20 PM EDT, 05/10/2024 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%. In corporate news, Sweetgreen ( SG ) shares surged 34% after the restaurant chain reported stronger-than-expected Q1 revenue late Thursday underpinned by comparable sales...

AMC Entertainment Holdings Inc ( AMC ) shares are trading lower by 4.3% to $2.93 during Friday’s session. The company on Wednesday reported first-quarter financial results. AMC Entertainment’s first-quarter revenue hit $951.4 million, narrowly down year-over-year but surpassing expectations. Despite a loss of 78 cents per share, slightly better than forecasted, CEO Adam Aron noted AMC’s outperformance in revenue, adjusted...

Deep-pocketed investors have adopted a bearish approach towards Globe Life ( GL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GL usually suggests something big is about to happen. We gleaned this information...

03:07 PM EDT, 05/10/2024 (MT Newswires) -- Sibanye Stillwater ( SBSW ) said Friday that JPMorgan Chase ( JPM ) acquired a 6.32% stake in the South African precious-metals company. Shares of Sibanye Stillwater ( SBSW ) rose 0.3% in recent trading Friday. Price: 5.07, Change: +0.01, Percent Change: +0.30 ...