Consumer stocks were mixed pre-bell Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.5% higher.
Procter & Gamble (PG) shares were up more than 3% after the company posted higher fiscal Q3 core earnings and net sales.
Coursera (COUR) stock was down more than 17% after the company reported a decline in Q1 non-GAAP earnings.
Nike (NKE) plans to cut 1,400 jobs in global operations, with most of the reductions coming in the technology division. Nike shares were 0.4% higher premarket.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments