Off to the races! Markets are off to a great start this session; Estee Lauder has already added 8.87% to lead the way for consumer staples stocks
The leading indices are climbing up — S&P 500 goes up 1.32%, trading at 3,769. Dow Jones up to 32,300, gaining 0.95%.
Uptick coincides with some positive signs published earlier as United States Non Farm Payrolls released today at 12:30 UTC is better than expected at 261,000 but down from preceding data of 315,000 according to new data.
Here are the biggest consumer staples stocks gainers so far today.
Anheuser-Busch | -4.68% to start today's session
Having set a significant high of $67.8 24 days ago, Anheuser-Busch is trading 9.49% lower. The S&P 500 has been doing worse in 2022, it has been passing it by 6.54%. Anheuser-Busch's market cap currently stands at $103.91 billion with an average daily trading volume of 1.54 million shares. Anheuser-Busch is forecasted to generate revenues of $15 billion and EPS of 77 cents.
New Oriental Education & Technology | -7.05% to start today's session
After closing the previous trading day at $26.54, New Oriental Education & Technology is up to $28.41, which makes for a move of 7.05%/$1.87 today.
Estee Lauder | -8.87% to start today's session
After closing the previous trading day at $193.78, Estee Lauder is up to $210.96, which makes for a move of 8.87%/$17.18 today.
Estee Lauder reported earnings results Wednesday, with EPS at 1.37 and revenues at $3.93 billion; these results are mixed when compared to a consensus of 1.29 Earnings Per Share and $3.93 billion revenue. Since the release of its earnings report, Estee Lauder gained 2.03%.
Monster Beverage Corp | -8.13% to start today's session
After closing the previous trading day at $91.09, Monster Beverage Corp is up to $98.5, which makes for a move of 8.13%/$7.41 today.