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Consumer Sector Update for 11/27/2015: DIS,RENN

Top Consumer Shares:

WMT: +0.4%

MCD: -0.8%

DIS: -1.8%

CVS: flat

KO: -0.4%

GE: flat

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

In consumer stocks news, Walt Disney Company ( DIS ) is down about 1.8% at $116.50 in pre-market trade on Friday after the company reported its ESPN sports network saw a 3.2% fall in subscribers from the previous fiscal year.

Shares in the stock have traded between $90 and $122.08 over the past 52 weeks.

Renren ( RENN ), a China-based online social network and an e-commerce financier, Friday reported larger Q3 losses YOY, and declining revenues. Renren reported a Q3 loss of $0.24 per ADR, wider than the $0.11 loss reported a year earlier.

Shares in the company were trading 4.6% lower at $3.34 pre-bell, around the mid-point of the stock's 52 week trading range between $2.35 and $4.45.

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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