08:46 AM EDT, 06/28/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 4%.

Nike ( NKE ) stock was more than 15% lower as multiple analyst downgrades, including those from JPMorgan and Morgan Stanley, followed lower fiscal Q4 revenue posted by the company late Thursday.

Trump Media & Technology ( DJT ) shares were up nearly 8% in recent premarket trading Friday after the US Presidential Election debate between Joe Biden and Donald Trump late Thursday.

Kura Sushi USA ( KRUS ) shares were down 14% after the company said that preliminary data show fiscal Q3 sales will be about $63.1 million. Analysts polled by Capital IQ expect $65.6 million.