Consumer stocks were mixed premarket Monday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.1% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.2% recently.
Despegar.com (DESP) shares rallied by over 33% amid a definitive agreement to be acquired by Prosus in an all-cash transaction valued at around $1.7 billion.
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