03:45 PM EDT, 09/20/2024 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

In corporate news, Trump Media & Technology ( DJT ) shares slumped 6.7% after the company's lockup period expired, allowing insiders like Donald Trump and other early investors to sell stock.

FedEx ( FDX ) shares tumbled more than 14% after it reported late Thursday a decline in fiscal Q1 adjusted earnings and revenue.

Nike ( NKE ) shares jumped 6.3% after the company said that John Donahoe will retire as chief executive next month, with former longtime company executive Elliott Hill returning to lead the company.

Lennar's ( LEN ) lower-than-expected fiscal Q3 gross margin on home sales and a downbeat outlook for the metric weighed on investor sentiment despite the homebuilder beating market estimates on earnings and revenue, according to analysts. Its shares dropped 5.4%.