03:51 PM EDT, 03/14/2024 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropped 1.1%.

In corporate news, Comcast ( CMCSA ) shares fell 1.9% and Cable One ( CABO ) slumped 7.3% after the US Federal Communications Commission adopted a rule requiring cable and satellite TV providers to display the total price of their video programming service, with no hidden fees, in ads and subscribers' bills.

G-III Apparel Group's ( GIII ) shares tumbled 13% after the company reported fiscal Q4 net sales that fell more than analysts expected.

Fisker ( FSR ) shares plunged more than 54%. The company hired advisers to help prepare for a possible bankruptcy filing, the Wall Street Journal reported late Wednesday.

Dick's Sporting Goods (DKS) posted results above market estimates for its key holiday quarter, while the athletic goods retailer on Thursday issued an upbeat earnings outlook for the current fiscal year. Its shares jumped 15%.