Sector Update: Consumer Stocks Mixed Pre-Bell Thursday

MT Newswires Live03-20

Consumer stocks were mixed pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.7% lower recently.

PDD Holdings (PDD) shares declined by over 3% after the company reported Q4 revenue that missed analysts' expectations.

Five Below (FIVE) shares were up over 6% after the company posted fiscal Q4 earnings and sales above analysts' expectations.

Darden Restaurants (DRI) shares rose by about 1% after the company reported higher fiscal Q3 adjusted earnings and revenue.

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