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June 24, 2023
Against the current: Markets slid, yet The Hain Celestial Group, Inc., Beyond Meat, Inc., Grocery Outlet Holding Corp. went up and made this list of yesterday's top consumer_defensive stocks gainers.
Leading equity indices in the US declined as S&P 500 was down 0.77% before closing the session at 4,348.33. After dropping 1%, Nasdaq closed at 13,500.
While price action maintains a negative bias, United States Services PMI came out at 54.1, while a consensus of analysts was expecting 54.
Even though markets fell yesterday, some consumer_defensive stocks were bullish. Have a look at these Top Gainers from yesterday's session:
+0.83%: Bunge Limited Bunge gains 0.83% within $92.55 to $94.63 daily range
Pronounced bullish sentiment in the market helped the US food processor to make a notable 0.83% gain yesterday, rising 77 cents and ultimately closing at $94.04. The company is currently trading with a market cap of $14.16 billion with an average daily trading volume of 1.64 million shares. So far this year, it has been doing worse than the Nasdaq by 24.39%.
Beyond Meat | Up 3.12% to $12.91 yesterday
The LA-based meat substitute company has fallen back around 68.15% over the past 10 months, from a notable high of $39.31. So far this year, it has been under-performing the Nasdaq by 18.36%. Beyond Meat's market cap is currently $829.17 million with an average daily volume of 3.41 million shares. Beyond Meat expected revenue of $90.75 million with an EPS of -92 cents.
+5.36%: Hain Celestial opened at $12 yesterday before posting solid session gaining 5.36%
After closing yesterday at $12.58, the US food company peaked at $12.85 before giving up early gains and closing at $12.58. The US food company's market cap currently stands at $1.13 billion with an average daily volume of 1.39 million shares.
+1.4%: risk-on sentiment allowed Grocery Outlet to post 1.4% gain yesterday
Pronounced bullish sentiment in the market helped the US discount closeout retailer to make a notable 1.4% gain yesterday, rising 40 cents and ultimately closing at $29.05. The company's market cap currently stands at $2.86 billion with an average daily trading volume of 853,523 shares.
