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Sector Update: Consumer Stocks Steady Pre-Bell Tuesday
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Sector Update: Consumer Stocks Steady Pre-Bell Tuesday
Apr 2, 2024 6:18 AM

08:48 AM EDT, 04/02/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Tuesday with both the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) flat recently.

PVH (PVH) shares fell more than 22% after the company forecast a drop in Q1 and full-year 2024 sales.

Kidpik ( PIK ) shares jumped 33% after it agreed to merge with Nina Footwear in an all-stock transaction.

Ashford (AINC) shares soared 92% after the company said that a special committee of independent and disinterested directors recommended, and its board approved, a plan to terminate the company's common-stock registration and to delist its shares from the NYSE American.

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