Top Consumer Stocks:
Most consumer heavyweights were advancing in Monday's pre-bell trading.
Stocks moving on news include:
(-) Children's Place ( PLCE ), which was down more than 12% after booking Q4 adjusted earnings of $1.10 per share, down from $2.52 in the comparable period a year ago. That result missed the estimate of $2.10 from analysts polled by Capital IQ.
(+) Office Depot ( ODP ) was more than 12% higher after the company and Alibaba.com agreed to collaborate on an initiative to serve US small- and medium-sized businesses.
In other sector news:
(+) Tesla ( TSLA ) was up 1% after a Tweet issued by founder Elon Musk stated that the company plans to unveil its Model Y sport utility vehicle (SUV) on March 14 in Los Angeles.
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