Previous Close | 31.04 |
Open | 31.05 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 475.00 |
Expire Date | 2025-12-19 |
Day's Range | 31.04 - 31.05 |
Contract Range | N/A |
Volume | |
Open Interest | 297 |
Selling this spread would generate roughly $110 in premium which would be a 28% return in five weeks.
The gaming industry saw mass layoffs, studio shutdowns and project cancellations in the first half of the year, triggered by a slow recovery in spending by gamers after player engagement rates peaked during the pandemic. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer. Microsoft and Xbox did not immediately respond to Reuters' requests for comment.
(Bloomberg) -- Microsoft Corp. said it is cutting 650 jobs in its Xbox unit, the third such layoffs this year as the company tries to rein in costs and integrate its massive $69 billion acquisition of Activision Blizzard Inc.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025NYC Transit Capit