03:47 PM EST, 11/04/2024 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

In corporate news, Air Transport Services Group ( ATSG ) shares surged almost 27% after the company agreed to be acquired and taken private by investment firm Stonepeak in a deal valued at $3.1 billion.

Freshpet ( FRPT ) lifted its full-year sales and core profit outlooks on Monday as the pet food company swung to higher-than-expected Q3 earnings, buoyed by double-digit volume growth. Its shares jumped 13%.

Fox (FOX) reported stronger-than-expected growth in fiscal Q1 results on Monday, fueled by record political advertising revenue ahead of US presidential elections. Its shares rose nearly 3%.

Marriott International ( MAR ) slashed its full-year bottom-line outlook on Monday as the hotel giant's Q3 earnings fell short of market estimates. Its shares fell 2%.