Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks showed mixed performance late Monday, with the Consumer Staples ETF up 0.1% and the Consumer Discretionary ETF down 0.9%. Vail Resorts' stock fell 3% after Truist Securities cut its price target due to poor snowfall. AMC Entertainment reported high attendance but saw a 3.6% drop in shares. Tesla's stock dropped 3.1% amid a revised supply deal value and lower sales expectations. Lululemon shares rose 1.5% as founder Chip Wilson nominated new board members to regain stakeholder confidence.