09:09 AM EDT, 10/25/2024 (MT Newswires) -- Consumer stocks were flat to higher premarket Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was inactive and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was up 0.3% recently.
Tapestry (TPR) said it plans to appeal a US federal court decision granting the Federal Trade Commission's request to block its acquisition of Capri Holdings ( CPRI ) . Capri Holdings ( CPRI ) shares tumbled by over 47% pre-bell.
Coursera ( COUR ) shares declined by over 18% after the online learning company lowered its 2024 revenue outlook.
Newell Brands Inc ( NWL ) shares rose past 18% after the company raised its full-year 2024 outlook for adjusted earnings per share.