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Sector Update: Consumer Stocks Mixed Late Afternoon
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Sector Update: Consumer Stocks Mixed Late Afternoon
Mar 12, 2025 1:08 PM

03:58 PM EDT, 03/12/2025 (MT Newswires) -- Consumer stocks were mixed in late Wednesday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 2.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.6%.

In corporate news, Uber ( UBER ) has terminated its proposed $950 million deal to buy Delivery Hero's Foodpanda business in Taiwan amid regulatory hurdles. Uber ( UBER ) shares rose 0.7%.

Vera Bradley ( VRA ) shares fell 2.1% after it said Wednesday it has agreed to sell all ownership stake in the Pura Vida business.

iRobot (IRBT) shares tumbled past 35%. The company reported a fiscal Q4 non-GAAP net loss on Wednesday as revenue fell year over year and missed market expectations.

Casey's General Stores (CASY) shares jumped past 6% after it reported fiscal Q3 earnings and revenue that topped Wall Street estimates.

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