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Consumer Sector Update for 12/08/2017: JAKK,MYSZ,THO


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Top Consumer Stocks

WMT -0.50%

MCD +0.24%

DIS +0.23%

CVS +2.88%

KO -1.47%

Consumer stocks were broadly higher, with shares of consumer staples companies in the S&P 500 gaining just 0.1% while shares of consumer discretionary firms in the S&P 500 were jumping nearly 0.7% increase.

In company news, JAKKS Pacific ( JAKK ) was higher Friday afternoon, holding a nearly 6% advance to a session high of $3.80 a share after the multi-brand toy company filed a registration statement for nearly 9.2 million shares held by Oasis Investments II Master Fund Ltd.

In early November, Oasis participated in a $21.55 million exchange of the company's 4.25% convertible senior notes for an equal number of 4.875% convertible senior notes due November 2020. Under certain circumstances, those notes are convertible into more than 1.06 million shares of JAKKS Pacific common stock.

In other sector news,

(+) MYSZ, (+4.8%) Rolling out new technology allowing consumers to measure themselves using their smartphone and then be matched with an online apparel item in their size.

(-) THO, (-0.3%) Cut to Hold by Buy at Argus.

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: JAKK , MYSZ , THO


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