Consumer Sector Update for 01/02/2019: NFLX, ATVI, ORCL, SECO, VGR, WMT, MCD, DIS, CVS, KO

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Top Consumer Stocks:

WMT: -0.83%

MCD: -0.74%

DIS: -1.23%

CVS: -1.80%

KO: -0.80%

Pre-market Wednesday saw retreating consumer stocks.

Moving stocks include:

(-) Netflix ( NFLX ), which was down near 3% amid reports that it hired Activision Blizzard ( ATVI ) CFO Spencer Neumann after the video gaming company announced late Monday that it intended to terminate his employment.

In other sector news:

(=) Vector Group ( VGR ) was unchanged as its subsidiary acquired the remaining 29% in Douglas Elliman Realty that it does not already own for an undisclosed sum.

(=) Secoo Holding ( SECO ) was flat after it entered into a strategic partnership with Oracle ( ORCL ) in China to launch a new office automation system.

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: Business , Commodities
Referenced Symbols: NFLX , ATVI , VGR , SECO , ORCL

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