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As Markets Sink, These 2 Consumer Stocks Fell Hard Wednesday

As Markets Sink, These 2 Consumer Stocks Fell Hard Wednesday

Investors have had a gloomy outlook about the stock market in the first part of the week, and Wall Street looked poised to suffer a third straight day of declines based on early morning performance. Stock index futures were down across the board, with market participants pointing to economic pressures around the world as the root cause. Both Carvana (NYSE: CVNA) and Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) rely on a healthy consumer economy, and both companies saw their share prices fall significantly in premarket trading on Wednesday.