Sector Update: Consumer

Friday, November 8, 2019 1:03 PM | MT Newswires

Consumer stocks were narrowly lower, with the shares of consumer staples companies in the S&P 500 falling more than 0.2% this afternoon while the shares of consumer discretionary firms in the S&P 500 were slipping over 0.1%. Among consumer stocks moving on news, Yelp (YELP) rose almost 15% after the e-commerce platform late Thursday reported an 8.9% increase in Q3 revenue over year-ago levels, rising to $262.5 million and narrowly beating the $262.1 million Capital IQ consensus call.

Price: 34.49, Change: +4.37, Percent Change: +14.51

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