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Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher. Investors May Be Reacting to the US Presidential Election and Its Impact on Consumer Spending.
11 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
Lands' End Up 13% in a Month: Is Now the Moment to Invest In LE Stock?
Lands' End, Inc.'s (NASDAQ:LE) Shares Climb 26% But Its Business Is Yet to Catch Up
Industry insiders: Trump's tariff plan will cause transportation costs to soar, just like in 2018.
Industry insiders in the shipping and retail industry have warned that Trump's plan to increase import tariffs after returning to the White House will cause a surge in freight prices and exacerbate inflation, just as he did when he was president before. Xeneta's data shows that after the Trump administration announced new tariffs in 2018, prices in the marine container transportation market soared by over 70%.
Investors Push Lands' End (NASDAQ:LE) 15% Lower This Week, Company's Increasing Losses Might Be to Blame
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