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Consumer Sector Update for 07/25/2016: SKUL


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Top Consumer Shares:

WMT: flat

MCD: +0.2%

DIS: flat

CVS: -1.3%

KO: flat

GE: -0.2%

Consumer shares were mixed ahead of the opening bell on Monday.

In consumer stocks news, Skullcandy ( SKUL ) said that after the end of a go-shop period it will enter negotiations with Mill Road Capital Management on a $6.05 per share offer that it said is "reasonably likely" to lead to a superior proposal to the prior offer from Incipio for $5.75 per share.

Shares in Skullcandy were 0.7% higher at $5.97 pre-bell. The stock has traded between $2.75 and $8.27 over the past 52 weeks.

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



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