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Sector Update: Consumer Stocks Climb Friday Afternoon
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Sector Update: Consumer Stocks Climb Friday Afternoon
Nov 21, 2025 11:34 AM

01:50 PM EST, 11/21/2025 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 2.7%.

In corporate news, Nike ( NKE ) may reemerge as a sneaker suitor for National Basketball Association star Stephen Curry following his split last week with Under Armour ( UAA ) , Bloomberg reported. Nike ( NKE ) shares rose 2.4% and Under Armour ( UAA ) stock added 2.6%.

Paramount Skydance ( PSKY ) , Comcast ( CMCSA ) , and Netflix ( NFLX ) have submitted non-binding bids for Warner Bros. Discovery ( WBD ) , The Wall Street Journal reported late Thursday. Of the three potential suitors, only Paramount is pursuing all of Warner Bros. Discovery ( WBD ), including its cable channels, the report said. Paramount Skydance ( PSKY ) and Comcast ( CMCSA ) shares rose 1.2% and 2.7%, and Netflix ( NFLX ) was down 0.5%. Warner Bros. shares rose 1.9%.

RCI Hospitality ( RICK ) stock jumped 12% after the company repurchased 821,000 shares from ADW Capital Partners for $30 million.

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