Spin Master Corp T.TOY

Alternate Symbol(s): SNMSF

Consumer Cyclical Leisure

Spin Master Corp., a children’s entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The company’s Toys segment’s product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products. Its Entertainment segment engages in the creation and production of multi-platform content, stories, and characters in original shows, short-form series, and films. The company’s Digital Games segment is involved in the development of digital games distributed via third-party platform providers. Spin Master Corp. was founded in 1994 and is headquartered in Toronto, Canada.

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Spin Master Corp

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Post by retiredcfon Jul 22, 2022 6:12am

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Post# 34842367

Stockchase At the Close

U.S. earnings continued to fuel this week’s rally even as oil fell on Thursday. Closing on strength, the S&P rose nearly 1%, the Dow half that and the Nasdaq 1.36%. Energy lagged while tech thrived.

Tesla released earnings the day before and popped almost 10%. Also rallying were Thermo Fisher up 6.75%, Danaher by 9% and CSX 4.24%. In contrast, AT&T tumbled 7.62%, Carnival sank 11.18% (after issuing more common shares) and American Airlines slid 7.43% after releasing a disappointing quarter. The U.S. 10-year yield bubbled right below 3% while Bitcoin gave back 2% to $23,000.

Crude oil had a weak session as WTI and WCS tmbled $3.50 per barrel to $96 and $76 respectively. The TSX had a see-saw day but eventually climbed 40 points past 19,000. Telcos showed mild weakness, but the other sectors (ex-energy) were all in the green. Cannabis gave back recent gains as Canopy slid 9.16% and Aurora shed over 7%. Also sliding were Baytex down nearly 6% and Cenovus losing 2.45%. Air Canada sinking 3.79%. However, Shopify rallied 4.77% while Spin Master jumped 3.87%.