Who Were the Outliers in the Consumer Space on March 3?



Price movement of S&P 500 indexes

On March 3, 2016, the S&P Consumer Discretionary slightly outperformed the S&P Consumer Staples and the S&P 500 as a whole. The indexes had respective returns of 0.55%, 0.52%, and 0.35%.

Along those same lines, the S&P Consumer Discretionary stocks had monthly returns of 0.24%, which is much higher than the -0.41% and 0.06% from the S&P 500 and the S&P Consumer Staples, respectively.

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Top losers on March 3

The top-losing stocks on March 3, 2016, were as follows:

  • Herbalife (HLF) fell by 7.0% on the misrepresentation of non-financial information.
  • Snyder’s-Lance (LNCE) fell by 0.38%.

Top gainers on March 3

The top-gaining stocks on March 3, 2016, were as follows:

  • Sonoco Products (SON) rose by 1.1%.
  • Canon (CAJ) rose by 0.38%.
  • Procter & Gamble (PG) rose by 0.35%.

In this series, we will take a look at the above stocks’ performances, price movements, and latest quarterly results.

The Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500.

In the next article, we’ll look at Herbalife.


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