Quantcast

Consumer Sector Update for 01/07/2019: MAT,NHTC,DLTR,ROKU


Shutterstock photo

Top Consumer Stocks

WMT +1.22%

MCD +1.45%

DIS +1.28%

CVS +3.28%

KO -1.20%

Consumer stocks were broadly higher, with shares of consumer staples companies in the S&P 500 climbing just over 0.1% in recent trading while shares of consumer discretionary firms in the S&P 500 were ahead almost than 2.6%.

Among consumer stocks moving on news:

(+) Mattel ( MAT ) had investors singing a happy tune during Monday trading after saying it has signed a global licensing agreement with South Korean boy band BTS and will release a BTS-inspired toy line later this summer drawing inspiration from the seven-member band's "IDOL" music video. Financial details were not disclosed.

In other sector news:

(+) Roku ( ROKU ) surged more than 27% on Monday after the streaming television supplier said the number of its active accounts increased 40% last year compared with 2017. Streaming hours jumped 61% year over year during 2018 to 24 billion hours.

(+) Dollar Tree ( DLTR ) rose over 6% on Monday after activist investors Starboard Value called on the discount retailer to formally explore its strategic options, including a potential sale, and began the process of nominating seven new directors to stand for election to the Dollar Tree board at the company's next annual meeting.

(-) Natural Health Trends ( NHTC ) plunged over 32% at one point Monday to its lowest share price since December 2005 at $13.40 apiece. The personal care and wellness products company rejected reports late last week on China Central TV it was operating illegally in China, arguing those claims were being spread by short-sellers trying to cash in on its falling stock price.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Business , Commodities
Referenced Symbols: MAT , ROKU , DLTR , NHTC



More from MT Newswires

Subscribe







MT Newswires
Contributor:

MT Newswires

Market News, Commodities












Research Brokers before you trade

Want to trade FX?