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Sector Update: Consumer
Jun 7, 2024 5:56 AM

08:41 AM EDT, 06/07/2024 (MT Newswires) -- Consumer stocks were mixed premarket Friday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% lower recently.

GameStop ( GME ) shares declined by over 19% after the company said it filed a prospectus with the Securities and Exchange Commission to offer and sell up to an additional 75 million shares of its common stock, pursuant to its shelf registration.

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