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Sector Update: Consumer Stocks Flat to Lower Premarket Thursday
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Sector Update: Consumer Stocks Flat to Lower Premarket Thursday
Feb 20, 2025 6:30 AM

09:08 AM EST, 02/20/2025 (MT Newswires) -- Consumer stocks were flat to lower premarket Thursday as the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was inactive and the Consumer Staples Select Sector SPDR Fund ( XLP ) declined by 0.9% recently.

Walmart ( WMT ) shares were down more than 4% after the company issued Q1 and fiscal 2026 guidance for adjusted earnings per share below analysts' expectations.

Alibaba Group ( BABA ) shares rose by over 9% after the company reported higher fiscal Q3 non-GAAP earnings and revenue.

Bilibili ( BILI ) shares advanced by over 11% after the company reported it swung to a Q4 adjusted profit as revenue increased during the period.

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