
Sector Update: Consumer Stocks Mixed Pre-Bell Friday

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Consumer stocks showed mixed results pre-bell Friday, with the State Street Consumer Staples ETF up 0.3% and the Discretionary ETF down 1.3%. Magnum Ice Cream shares surged over 12% amid potential bids from Blackstone and Clayton, Dubilier & Rice. H World Group's stock fell 0.9% despite reporting higher Q1 earnings. Walmart requested Flipkart to postpone its IPO plans to focus on achieving EBITDA breakeven by fiscal 2027, with Walmart shares up 0.6% premarket.
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