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Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
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Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday
Nov 12, 2024 7:13 PM

09:10 AM EST, 11/12/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% lower recently.

Shopify ( SHOP ) shares rose 22% after the company reported higher Q3 revenue and set a mid-to-high-twenties percentage growth outlook for Q4 revenue.

Sea (SE) shares advanced by over 12% after the company reported a swing to Q3 earnings as revenue increased during the period.

Tyson Foods ( TSN ) shares were up more than 5% after the company reported higher fiscal Q4 adjusted earnings and revenue.

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