Consumer Stocks Slipping in Post-Black Friday Slump; Polaris Getting Small Pop From New Power Product Line

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Top Consumer Stocks

WMT +0.23%

MCD -0.67%

DIS +0.58%

CVS -0.21%

KO -0.26%

Consumer stocks are mostly lower, with shares of consumer staples companies in the S&P 500 slipping 0.2%. Shares of consumer discretionary firms in the S&P 500 are falling about 0.3%.

In company news, recreational vehicle manufacturer Polaris Industries Inc. ( PII ) is edging higher in afternoon trade following its launch of the Polaris POWER product line.

The company will initially be offering three new digital inverter generators, which can be used for camping, hunting, tailgating or other outdoor activities.

In other sector news,

(+) PTSI, Trucking company begins self-tender offer to buy back up 600,000 - or about 6.9% - of its shares through a modified Dutch auction expiring Dec 31. Shares will be repurchased for between $19 to $21 apiece.

(-) JCP, Retail stocks slump after National Retail Federation said Black Friday spending was down 3% compared to year-ago levels.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Commodities


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