Sector Update: Consumer Stocks Edge Higher Premarket Monday

MT Newswires Live

2025/08/18

Consumer stocks were edging higher premarket Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) and Consumer Discretionary Select Sector SPDR Fund (XLY) slightly advancing.

Soho House (SHCO) stock was up more than 16% after the company said it has signed agreements to be taken private by an investor group led by MCR Hotels and its chief executive, Tyler Morse, in a deal representing a total enterprise value of roughly $2.7 billion.

Bragg Gaming Group (BRAG) shares were down more than 3% after the company said it found out about a cybersecurity breach Saturday and has taken steps to mitigate any potential impact.

BRP (DOOO) shares were nearly 2% higher after the company said it has launched its 2026 lineup, featuring upgrades across Sea-Doo, Can-Am and its growing electric vehicle range.

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