Consumer Sector Update for 06/21/2024: AREB, ABNB, MCD, TOON, AMZN
From NASDAQ: 2024-06-21 15:44:41
Consumer stocks saw a boost, with XLP up 0.1% and XLY up 0.5%. American Rebel Holdings (AREB) shares doubled after signing a distribution deal for beer in Connecticut.
Airbnb (ABNB) may leave Barcelona in 2028 due to license non-renewals, causing shares to rise 0.8%. Kartoon Studios (TOON) surged 6.8% with plans for a “Winnie-The-Pooh” series on Amazon Prime. CarMax (KMX) shares rose 0.2% following strong Q1 results.
Read more at NASDAQ: Consumer Sector Update for 06/21/2024: AREB, ABNB, MCD, TOON, AMZN