08:53 AM EDT, 10/21/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Monday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.4% lower recently.

Hedge fund Starboard Value has reportedly acquired a stake in Kenvue ( KVUE ) , media outlets reported, citing unnamed sources. Kenvue ( KVUE ) shares rose past 7% premarket.