Top Consumer Stocks:
Consumer heavyweights were mixed in pre-bell Tuesday trading.
Stocks moving on news include:
(-) Beyond Meat (BYND), which was slumping 20% as the lockup period that restricts pre-IPO shareholders from selling their shares was set to expire on Tuesday.
(+) Steven Madden (SHOO) was gaining more than 7% after it reported Q3 results that beat expectations and raised its full-year earnings and sales forecasts. The company booked Q3 adjusted earnings of $0.67 per share, up from $0.65 per share in the comparable quarter last year and well above the consensus forecast of $0.59 per share from analysts polled by Capital IQ.
(+) Kellogg (K) was advancing by more than 2% as it posted Q3 adjusted earnings of $1.03 per share, down from $1.06 per share in the 2018 period but beating the consensus estimate of $0.91 per share from analysts surveyed by Capital IQ.
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