08:54 AM EDT, 03/26/2026 (MT Newswires) -- Consumer stocks were declining pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.3% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 1%.

Olaplex ( OLPX ) stock was up more than 50% after the company said it has agreed to be acquired by Henkel for $2.06 per share in cash, representing a roughly $1.4 billion equity value.