Sector Update: Consumer Stocks Mixed Pre-Bell Monday
Consumer stocks were mixed pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally advancing. Arcos Dorados (ARCO) shares were up more than 2% after the company said it will redeem all of its outstanding 6.125% sustainability-linked senior notes due 2029. Skillsoft (SKIL) stock was up more than 5% after the company said it completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures. Autoliv (ALV) signed a global strategic cooperation framework agreement with Great Wall Motor to expand its partnership and support the Chinese automaker's international growth, the company said. Autoliv shares were 0.9% higher premarket.
Consumer stocks were mixed pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally advancing.
Arcos Dorados (ARCO) shares were up more than 2% after the company said it will redeem all of its outstanding 6.125% sustainability-linked senior notes due 2029.
Skillsoft (SKIL) stock was up more than 5% after the company said it completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures.
Autoliv (ALV) signed a global strategic cooperation framework agreement with Great Wall Motor to expand its partnership and support the Chinese automaker's international growth, the company said.
Autoliv shares were 0.9% higher premarket.