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Sector Update: Consumer Stocks Lean Higher Pre-Bell Monday
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Sector Update: Consumer Stocks Lean Higher Pre-Bell Monday
Apr 1, 2024 6:22 AM

09:12 AM EDT, 04/01/2024 (MT Newswires) -- Consumer stocks were leaning higher pre-bell Monday with the Consumer Staples Select Sector SPDR Fund (XLP) rising 0.2%, while the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently inactive.

Doma Holdings ( DOMA ) rose 35% after announcing its pending takeover by Title Resources Group for $6.29 per share in an all-cash deal.

Oxford Industries ( OXM ) was slipping 11% after the company reported lower fiscal Q4 adjusted earnings.

Guess? (GES) said Monday it plans to buy back shares worth $10.3 million under a newly approved stock buyback plan of up to $200 million. Shares of the company gained more than 3% recently.

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