---
title: "U.S. stock market quick update: SRM Entertainment up 17.56%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248818121.md"
description: "SRM Entertainment rose 17.56%; Yeti rose 2.22%, with a transaction volume of USD 5.78 million; Hasbro rose 0.18%, with a transaction volume of USD 5.09 million; Peloton Interactive fell 0.89%, with a transaction volume of USD 2.87 million; Mattel fell 0.10%, with a market value of USD 6.28 billion"
datetime: "2025-07-16T13:52:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248818121.md)
  - [en](https://longbridge.com/en/news/248818121.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248818121.md)
---

# U.S. stock market quick update: SRM Entertainment up 17.56%

**U.S. Stock Market Midday Update**

SRM Entertainment rose 17.56%. Based on recent important news:

1.  On July 16, SRM Entertainment announced its name change to Tron Inc. and changed its stock code to "TRON," reflecting the company's determination to transition to a Tron strategy, leading to a 17.56% increase in stock price.
    
2.  On July 16, the company rebranded, focusing on TRX and the Tron protocol, enhancing market confidence.
    
3.  On July 16, the positive response from the Nasdaq market to the company's name change drove a significant increase in stock price.
    

**Stocks with High Trading Volume in the Industry**

Yeti rose 2.22%, with increased trading volume. Based on recent important news:

1.  On July 14, YETI reached a partnership with the well-known promotional products company Prime Line, becoming its top supplier. This collaboration enhanced YETI's market influence, pushing the stock price up by 2.22%.

Hasbro rose 0.18%, with increased trading volume. Based on recent important news:

1.  On July 14, Trump's tariff policy will lead to an increase in toy prices, affecting Hasbro's holiday sales. The price increase may suppress demand, leading to stock price fluctuations.
    
2.  On July 16, Hasbro reduced its import share from China, resulting in short-term cost increases that affect pricing strategies, causing stock price fluctuations.
    
3.  On July 16, macroeconomic uncertainty and intensified competition may impact Hasbro's market share, leading to stock price fluctuations.
    

Peloton fell 0.89%, with increased trading volume. Based on recent important news:

1.  On June 13, Peloton's sales fell by 13%, raising market concerns about its operational efficiency and competitive pressure, leading to a decline in stock price.
    
2.  On June 4, Peloton launched a second-hand trading platform "Repowered," but the market response was tepid, failing to boost the stock price.
    
3.  On May 8, Peloton reported Q3 losses that exceeded expectations and lowered its annual subscription forecast, causing the stock price to drop by 5%.
    

**Stocks with High Market Capitalization in the Industry**

Mattel fell 0.10%, with a market capitalization of $6.28 billion. Based on recent key news:

1.  On July 16, Mattel collaborated with the Italian fashion brand GCDS to launch a high-end fashion version of Polly Pocket, showcasing the brand's innovative direction and attracting market attention, leading to stock price fluctuations.
    
2.  On July 16, UNO continues to be a popular card game, and Mattel may expand its market through social clubs, impacting stock prices.
    
3.  On July 14, Henan Zhongfu Industrial is expected to see a significant increase in net profit, with rising aluminum prices driving stock prices in related industries

### Related Stocks

- [SRM.US](https://longbridge.com/en/quote/SRM.US.md)
- [TRON.US](https://longbridge.com/en/quote/TRON.US.md)

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