Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.8%.
In corporate news, Peloton (PTON) shares popped 3.2% after UBS upgraded its rating on the stock to neutral from sell and raised its price target to $10 from $2.50.
GameStop (GME) shares are trading at "a level that ignores the company's many challenges ahead," Wedbush said Friday in a note to clients. Wedbush reiterated its underperform rating on GameStop and a price target of $10. GameStop shares added 0.6%.
Lululemon Athletica's (LULU) shares jumped 17% after the company reported late Thursday higher fiscal Q3 earnings and revenue and raised its guidance for fiscal 2024.
Ulta Beauty (ULTA) shares gained more than 9% in recent Friday trading, a day after the company reported higher fiscal Q3 earnings per share and net sales while raising its full-year EPS guidance.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。