Markets

Consumer Sector Update for 12/28/2018: BABA, NFLX, AMCN, WMT, MCD, DIS, AMGN, CVS

Top Consumer Stocks:

WMT: +0.34%

MCD: +0.28%

DIS: +0.43%

CVS: +0.78%

KO: +0.46%

Consumer stocks were mostly higher in Friday's pre-market trading .

In other sector news:

(+) Alibaba Group Holding ( BABA ) was slightly up after it unveiled an artificial intelligence-powered video production platform intended to improve news reporting efficiency in China.

(+) Netflix ( NFLX ) was up 0.7%. The company released an extended 90-minute episode of the British TV series "Black Mirror: Bandersnatch" to introduce its interactive technology to an adult audience, media reported.

(=) AirMedia Group ( AMCN ) was unchanged as Herman Man Guo, the company's chairman, CEO and CFO, had continuously proceeded with his share purchase plan.

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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