iPower Inc IPW:NASDAQ

Last Price$1.18NASDAQ Previous Close - Last Trade as of 4:00PM ET 5/18/22

Today's Change-0.04(3.28%)
Bid (Size)$1.12 (2)
Ask (Size)$1.20 (30)
Day Low / High$1.15 - 1.26
Volume49.3 K

Sector Update: Consumer Stocks Mixed; Staples Lagging

3:58PM ET 8/02/2021 MT Newswires
Consumer stocks were mixed in Monday trading, with the Consumer Staples Select Sector ETF (XLP) down 0.3% while the Consumer Discretionary Select Sector SPDR (XLY) rose 0.3%.

In company news, iPower (IPW) was 2.1% higher after the online retailer of hydroponics equipment said it leased a 100,000 square foot warehouse in Rancho Cucamonga, California, more than doubling the company's warehouse and logistics capacity to support strong demand and expansion plans.

Rover Group (ROVR) was 6.3% higher after the ecommerce platform for pet sitters and dog walkers came public Monday following the completion of its merger with Nebula Caravel Acquisition, a blank-check company backed by True Wind Capital.

Ever-Glory International (EVK) more than doubled in price Monday, rising almost 111% in recent trading, after the branded apparel retailer authorized a $5 million stock buyback program running through the end of the year.

To the downside, Ferrari (RACE) slid 2.8% after the carmaker reported Q2 sales of 1.04 billion euros, up more than 82% over the year-ago period but still trailing the average analyst estimate of 1.07 billion euros in sales for the three months ended June 30 in a Capital IQ survey.