Stock Update: Disney Gains Control of Hulu, J.M. Smucker Shares Plummet

Reported 2 days ago

On June 10, 2025, U.S. stocks saw a slight upward trend, impacted by ongoing U.S.-China trade negotiations. Walt Disney shares rose after acquiring full control of Hulu for $438.7 million, while J.M. Smucker's stocks fell dramatically due to missed sales forecasts and poor guidance, marking it as the biggest decliner in the S&P 500. Other notable movements included gains for energy companies and a record high for Casey's General Stores.

Source: YAHOO

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