08:53 AM EDT, 07/26/2024 (MT Newswires) -- Consumer stocks rose in Friday's premarket hours with the Consumer Staples Select Sector SPDR Fund (XLP) 0.4% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1.1% recently.

Everi Holdings ( EVRI ) and International Game Technology ( IGT ) said they signed agreements for IGT's gaming and digital business and Everi ( EVRI ) to be acquired by funds managed by Apollo Global Management ( APO ) for $6.30 billion in cash. Shares of Everi Holdings ( EVRI ) rallied past 41% and International Game Technology ( IGT ) by over 15% pre-bell.