Honest is trading at $5.04 (up 6.4%) amid a sector rotation toward defensive consumer-staples names and positive broader market sentiment.

  • The stock is outperforming both the broader market and the consumer-staples sector during the August 19 session.
  • No new company-specific announcements have been released since the Aug. 5 second-quarter report, which featured raised full-year guidance and a completed share buyback.