Consumer Sector Update for 04/09/2024: TLRY, TSLA, WW

From Nasdaq: 2024-04-09 13:35:45

Consumer stocks were on the rise with XLP up 0.2% and XLY slightly higher. Redbook US same-store sales increased by 5.4% due to mild weather and upcoming prom events.

Tilray’s shares dropped by 19% after weak revenue and lowered earnings expectations for the year. WW International creditors may work together if negotiations arise, causing WW shares to rise by 6.3%.

Tesla settled a lawsuit related to a crash involving its Autopilot feature, leading to a 1.4% increase in its shares.



Read more at Nasdaq: Consumer Sector Update for 04/09/2024: TLRY, TSLA, WW