Sector Update: Health Care Stocks Mixed Pre-Bell Tuesday

MT Newswires Live12-16 22:14

Consumer stocks were mixed pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.2%.

Vital Farms (VITL) stock was down nearly 13% after the company cut its full-year 2025 net revenue guidance to a range of $755 million to $765 million from the previous guidance of at least $775 million.

Amazon.com (AMZN) is expected to lay off up to 370 people of the staff at its European headquarters in Luxembourg, according to a memo provided to MT Newswires. Amazon.com shares were 0.2% higher premarket.

InterContinental Hotels Group (IHG) stock was up 0.2% after the company said it signed a franchise agreement with Sirayane Hospitality to develop the first Kimpton hotel in Morocco.

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