Shares of retail and apparel stocks are trading higher amid overall market strength following a softer-than-expected May CPI report.
Portfolio Pulse from Benzinga Newsdesk
Retail and apparel stocks are trading higher due to overall market strength following a softer-than-expected May CPI report.
June 13, 2023 | 7:53 pm
News sentiment analysis
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POSITIVE IMPACT
Barnes & Noble Education (BNED) stock is trading higher amid overall market strength following a softer-than-expected May CPI report.
The softer-than-expected May CPI report has led to overall market strength, which in turn has positively impacted retail and apparel stocks, including BNED.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Chewy Inc. (CHWY) stock is trading higher amid overall market strength following a softer-than-expected May CPI report.
The softer-than-expected May CPI report has led to overall market strength, which in turn has positively impacted retail and apparel stocks, including CHWY.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Stitch Fix Inc. (SFIX) stock is trading higher amid overall market strength following a softer-than-expected May CPI report.
The softer-than-expected May CPI report has led to overall market strength, which in turn has positively impacted retail and apparel stocks, including SFIX.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50