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Sector Update: Consumer
Jan 7, 2025 5:58 AM

08:40 AM EST, 01/07/2025 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.2% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) was down 0.2%.

Lifeway Foods ( LWAY ) said its board has responded to a recent letter sent by investor Danone North America reaffirming that it rejected Danone's unsolicited takeover offer for the company because it "severely undervalues" Lifeway. Lifeway Foods ( LWAY ) shares were over 1% lower pre-bell.

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