Markets

Consumer Sector Update for 04/09/2015: LNKD, TLF, ZUMZ

Top Consumer Shares:

WMT: flat

MCD: flat

DIS: flat

CVS: flat

KO: flat

GE: flat

Consumer shares were flat ahead of the opening bell Thursday.

In consumer stocks news, professional network website LinkedIn ( LNKD ) said Thursday it has entered into an agreement to acquire California-based online learning company lynda.com in a $1.5 billion cash and stock transaction.

Shares in the company were trading 1.2% higher at $255.18 during pre-market trading . Over the past 52 weeks, the company has traded between $136.02 and $276.18.

Tandy Leather Factory ( TLF ), a specialty retailer of leather and leather-craft goods, Thursday reported that March sales were $7.1 million, up 1% compared to March 2014 sales of $7.0 million.

Shares in the company were unchanged at $8.61 during pre-market trading. Over the past 52 weeks, the company has traded between $6.52 and $9.97.

And Zumiez ( ZUMZ ) saw its price target lowered to $42 from $45 by Roth Capital while the firm retained its buy rating.

Shares in the company were unchanged at $37.90. Over the past 52 weeks, the company has traded between $23.50 and $41.80.

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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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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