Shares With Exxon Mobile Are Lower on News They'll Acquire Carbon Sequestration Company Den Berry for Nearly Five Billion Dollars

Consumer staples will do fine but it's certainly not the sector that i love because first of all there's no margin in consumer staples. Online retail ETF iBuy is actually on pace for its best week since of january getting a boost from amazon and day one was their biggest sales day ever. Exxon mobile announcing they'll acquire carbon sequestration company den berry for nearly five billion dollars shares ve Exxon are down about two percent not uncommon for an acquirer but den berry is also falling despite the premium price tag what could be behind the drops that's next.