Sector Update: Consumer

Monday, November 23, 2020 3:47 PM | MT Newswires

Consumer stocks were broadly higher in late Monday trading, with the SPDR Consumer Staples Select Sector ETF slipping fractionally, while the SPDR Consumer Discretionary Select Sector ETF was posting a 0.8% gain. In company news, DPW Holdings (DPW) more than tripled in value on Monday, at one point rising 272% to touch its best share price since April 2019 at $7.93 each, after saying its power electronics business has begun a new program with national and regional fast-food frachises to install its ACECool electric vehicle chargers as a part of a revenue sharing program.

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