Against the current: Markets slid, yet Beyond Meat, Inc., Ollie's Bargain Outlet Holdings, Inc., Dollar Tree Inc went up and made this list of Friday's top consumer_defensive stocks gainers.
Leading equity indices in the US declined as Nasdaq lost 1.69% and ended the session at 11,400. Dow Jones closed at 32,817, a 1.02% change.
Even though markets fell Friday, some consumer_defensive stocks were bullish. Have a look at these Top Gainers from Friday's session:
Dollar Tree | Closed +1.87% at $144
The discount variety stores operator has fallen back around 18.8% over the past 10 months, from a notable high of $174.08. So far this year, it has been doing worse than the Nasdaq by 5.98%. Dollar Tree is currently trading with a market cap of $31.85 billion with an average daily trading volume of 1.87 million shares.
Dollar Tree is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is 2.03 and the consensus revenue estimate is $7.59 billion.
Building on four days of gains, Chegg increases 1.19% in pre-market trading after closing at $16 (+1.27%) Friday
After closing at $15.79 on Thursday, Chegg maintained a strong bullish bias that helped the stock close higher at $16 Friday. However, market bears ensured the the US "edutech" pioneer topped out at $16.35 and that by the end of the session, the market had marked out a distinct $15.74 to $16.35 range. Chegg's market cap is currently $2 billion with an average daily volume of 3.49 million shares. So far this year, it has been under-performing the Nasdaq by 46.07%.
Beyond Meat | Up 10.15% to $18.88 Friday
The LA-based meat substitute company went up to $18.88, gaining 10.15%.
Ollie's Bargain Outlet | Closed +1.89% at $59.19
The discount store company has gained 27.2% since its lowest print of $38.09 earlier this year. The company's market cap currently stands at $3.68 billion with an average daily volume of 702,590 shares. Ollie's Bargain Outlet's last revenue report was $418 million with an EPS of 37 cents.