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.