Markets

Consumer Sector Update for 01/26/2017: LGF

Top Consumer Shares:

WMT: flat

MCD: -0.2%

DIS: flat

CVS: -0.5%

KO: -0.3%

GE: +0.1%

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

In consumer stocks news, Lions Gate Entertainment (LGF) has acquired an undisclosed equity stake in television drama company, Potboiler Television. Lionsgate will partner with the company on its television slate, and has also signed a first-look deal for global distribution of Potboiler's television product.

Shares in the company were unchanged at $26.26 pre-bell. The stock has traded between $16.21 and $35.65 over the past 52 weeks.

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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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