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Closing Bell: Stocks Close Mixed as December Hike Talk Grows

June 19, 2023
in Trade Tube
Reading Time: 1 min read
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Markets saw unsettled trading Friday after the October jobs number blew past estimates. Investors have now priced in a higher chance the Federal Reserve will make its move to raise rates at its December meeting. Video game developer Activision Blizzard (ATVI) is making a play in the film and TV industry. The company has launched its own studio to create series and movies based on its popular franchises including ‘Skylanders’ and ‘Call of Duty.’ Weight Watchers (WTW) surged after cost cuts helped it beat profit estimates. The weight loss company has been on a roll since media mogul Oprah Winfrey bought a stake in October. Since then, shares have rocketed more than 230% higher.

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