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Sector Update: Consumer
Jun 10, 2024 6:12 AM

08:46 AM EDT, 06/10/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Monday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.2% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.1% recently.

Vista Outdoor ( VSTO ) was over 2% higher after saying it received a roughly $2.01 billion alternative acquisition proposal for The Kinetic Group from a US investment firm. The company also said its board rejected MNC Capital's unsolicited offer to acquire the company for $39.50 per share in cash.

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