03:57 PM EDT, 03/27/2026 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 2.8%.
In corporate news, Netflix ( NFLX ) could see a meaningful boost to revenue after raising subscription prices in several markets, Oppenheimer said in a note. Netflix ( NFLX ) shares eased 0.1%.
Versant Media ( VSNT ) is considering an acquisition of Vox Media's podcast network, The New York Times reported Friday. Versant shares were down 2.6%.
Unilever's ( UL ) food business potentially combining with McCormick ( MKC ) would offer Unilever ( UL ) shareholders a majority stake in the new entity and tax benefits, Reuters reported Friday. The proposed deal would involve Unilever ( UL ) spinning off its food business before selling it to McCormick ( MKC ), the report said. Unilever ( UL ) shares were down 0.7%, and McCormick ( MKC ) rose 2.5%.
Rivian Automotive ( RIVN ) secured another $1 billion investment from Volkswagen after completing winter testing for the VW ID EVERY1, the first vehicle in their joint venture to use Rivian's software and electrical architecture, TechCrunch reported. Rivian shares were down 2.7%.