03:47 PM EDT, 09/06/2024 (MT Newswires) -- Consumer stocks were lower late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2.2%.

In corporate news, Edible Garden ( EDBL ) shares tumbled over 14%. The company said Friday it plans to offer up to about 4.7 million units to the public for $1.07 apiece to raise about $5 million in a bid to comply with Nasdaq's minimum shareholder's equity of $2.5 million.

GameStop ( GME ) shares jumped 6.7% after meme stock influencer Keith Gill, known as "Roaring Kitty," shared an image on X, his first post since June.

Bowlero ( BOWL ) shares popped 8.6%, a day after the company reported fiscal Q4 revenue that rose more than forecast by analysts.

Toyota ( TM ) is planning to slow global electric vehicle production and informed suppliers of the decision, Nikkei reported. Its shares fell 3%.