Shares of companies in the consumer discretionary sector are trading lower as stocks across sectors drop amid a rise in yields.
Portfolio Pulse from Benzinga Newsdesk
Consumer discretionary sector stocks are trading lower due to a sector-wide decline as yields rise.
January 03, 2024 | 8:38 pm
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NEGATIVE IMPACT
Burlington Stores, Inc. shares are trading lower amid a sector-wide decline influenced by rising yields.
Burlington Stores, Inc. is part of the consumer discretionary sector, which is experiencing a downturn due to increasing yields. This typically leads to lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Chewy, Inc. shares are down as the consumer discretionary sector faces a drop, correlating with a rise in yields.
Chewy, Inc. is affected by the broader market trend where rising yields are causing a sell-off in the consumer discretionary sector, leading to a potential short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Crocs, Inc. shares are trading lower in response to the overall decline in the consumer discretionary sector due to rising yields.
As a member of the consumer discretionary sector, Crocs, Inc. is experiencing a downturn in its stock price, which is a common reaction to the increase in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Dick's Sporting Goods, Inc. shares are trading lower due to the negative impact of rising yields on the consumer discretionary sector.
The rise in yields is negatively impacting the consumer discretionary sector, including Dick's Sporting Goods, Inc., leading to a potential short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Five Below, Inc. shares are trading lower amidst a sector-wide sell-off in consumer discretionary stocks due to increasing yields.
Five Below, Inc. is part of the consumer discretionary sector which is currently facing downward pressure on stock prices due to the rise in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
ModivCare Inc. shares are trading lower as the consumer discretionary sector declines in response to rising yields.
ModivCare Inc., being in the consumer discretionary sector, is seeing its shares trade lower due to the negative effects of rising yields on the sector.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Peloton Interactive, Inc. shares are down as the consumer discretionary sector suffers from the broader market downturn caused by rising yields.
Peloton Interactive, Inc. is experiencing a stock price decline as part of the consumer discretionary sector's reaction to the increase in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
RH shares are trading lower following a sector-wide downturn in consumer discretionary stocks amid a rise in yields.
RH is affected by the broader market trend where rising yields are causing a downturn in the consumer discretionary sector, potentially leading to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Under Armour, Inc. shares are trading lower as the consumer discretionary sector is hit by a market-wide drop due to rising yields.
Under Armour, Inc. is part of the consumer discretionary sector, which is currently experiencing a decline in stock prices due to the negative impact of rising yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Under Armour, Inc. Class A shares are trading lower in line with the consumer discretionary sector's downturn caused by increasing yields.
Under Armour, Inc. Class A is experiencing a downturn in stock price as part of the consumer discretionary sector's response to the rise in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
VF Corporation shares are trading lower as the consumer discretionary sector faces a sell-off amid a rise in yields.
VF Corporation is part of the consumer discretionary sector, which is seeing a decrease in stock prices due to the broader market's negative reaction to rising yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Wayfair Inc. shares are trading lower as the consumer discretionary sector is negatively impacted by the increase in yields.
Wayfair Inc. is facing a decline in its stock price as the consumer discretionary sector, to which it belongs, is affected by the rise in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Williams-Sonoma, Inc. shares are trading lower due to the negative impact of rising yields on the consumer discretionary sector.
Williams-Sonoma, Inc. is part of the consumer discretionary sector, which is currently experiencing a downturn in stock prices as a result of the increase in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
YETI Holdings, Inc. shares are trading lower in the wake of a sector-wide decline in consumer discretionary stocks due to rising yields.
YETI Holdings, Inc. is experiencing a stock price decline as part of the consumer discretionary sector's negative reaction to the rise in yields.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80