03:44 PM EDT, 03/25/2024 (MT Newswires) -- Consumer stocks fell late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%.

In corporate news, AMC Networks ( AMCX ) shares rose 4.6% after the company said it intends to redeem all of its outstanding 4.75% senior notes due 2025 on April 24.

Target Hospitality ( TH ) shares surged 25% after the board received an unsolicited non-binding proposal from TDR Capital affiliate Arrow Holdings to buy all outstanding Target Hospitality ( TH ) stock for $10.80 a share in cash.

Tyson Foods ( TSN ) faces a shareholder lawsuit seeking internal company documents for alleged use of illegal child labor at its plants, Bloomberg News reported Monday. Tyson shares gained 0.6%.

Foot Locker ( FL ) shares advanced 7% as Evercore ISI upgraded the stock to outperform from in line.