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Sector Update: Consumer Stocks Flat to Higher Premarket Friday
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Sector Update: Consumer Stocks Flat to Higher Premarket Friday
Nov 3, 2024 11:36 AM

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.

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