02:00 PM EDT, 05/09/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.
In corporate news, Lyft ( LYFT ) shares surged 26%. The company posted a surprise Q1 profit on double-digit gains in gross bookings and forecast continued growth in Q2 for the key metric.
Sweetgreen (SG) shares tumbled 18% after the company cut 2025 revenue guidance.
TaskUs (TASK) shares jumped 17%. The company agreed to be taken private by the co-founders and a Blackstone (BX) affiliate.