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Sector Update: Consumer Stocks Lean Lower Premarket Wednesday
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Sector Update: Consumer Stocks Lean Lower Premarket Wednesday
Apr 2, 2025 6:26 AM

09:13 AM EDT, 04/02/2025 (MT Newswires) -- Consumer stocks leaned lower premarket Wednesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) declining by 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 1.5% recently.

Innovation Beverage Group ( IBG ) shares surged past 239% after the company said it has signed a distribution agreement with Republic National Distribution.

Leggett & Platt ( LEG ) shares were over 1% higher after the company said it has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum for $285 million in cash.

Domino's Pizza (DPZ) shares were up 0.8% after the company said it has joined DoorDash's ( DASH ) Marketplace platform under a new partnership with the company.

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