GOTU - Celsius Holdings tops gainer while Chinese Tutoring tops consumer defensive losers list
Consumer Defensive stocks as a sector managed a gain for the week, with the XLP Select Sector Consumer Staples SPDR Fund rising 1%.The top five outperformers in the consumer defensive sector (of stocks with a market cap of $300M+) for the week ending June 4, 2021:Celsius Holdings (CELH) +19%.BRF S.A. (BRFS) +16.5%. The company gained 6% after JBS Foods said it will reopen most of its plants after a cyberattack shut down operations and analysts expect the overall pricing trend for meat is expected to stay on the rise amid commodity and labor inflation.Ambev (ABEV) +14.8%. The company takes its first steps in the wine market in Brazil.Embotelladora Andina (AKO.B) +14.5%.Revlon (REV) +14.4% as the stock was listed under the high level of short interest on NYSE. Stock is up 32% since 1 month.Chinese tutoring companies Tal Education, New Oriental, 17 Education & Technology and Gaotu Techedu fell during the week on concerns about stricter China regulations on the after school tutoring
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Celsius Holdings tops gainer, while Chinese Tutoring tops consumer defensive losers list