Consumer sector stocks slightly up, CarMax and Kartoon Studios saw positive gains.

From Nasdaq: 2024-06-21 13:49:53

Consumer stocks were slightly up on Friday, with XLP rising 0.1% and XLY increasing 0.2%. CarMax shares also rose by 0.2% following better-than-expected fiscal Q1 results.

Kartoon Studios saw a 7% jump in shares after announcing plans to launch “Winnie-The-Pooh” content on Amazon Prime Video. Nike’s focus on innovation and brand building led Oppenheimer to upgrade the stock to outperform, with shares rising 1.2%.



Read more at Nasdaq: Consumer Sector Update for 06/21/2024: KMX, TOON, NKE, AMZN