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

Shutterstock photo

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.

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

This article appears in: Business , Commodities
Referenced Symbols: JAKK , MYSZ , THO

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities

Research Brokers before you trade

Want to trade FX?