Big Gains for GoPro, Intel, DreamWorks Despite Markets Closing Lower

Stocks closed with losses Monday but significantly off session lows. Investors were rattled by pro-democracy protests in Hong Kong and domestically, and concerned about rate hikes once again coming sooner than anticipated on stronger consumer spending data. The unrest in Hong Kong brought down casino stocks. Wynn Resorts (WYNN) and Las Vegas Sands (LVS) lost almost 3%. Both have operations in Macau. Intel (INTC) was by far the blue chips' best performer. The tech giant managed to go against the grain and gain almost 2% on news it will team up with a Chinese chip maker to break into the mobile phone market. DreamWorks Animation (DWA) shot up nearly 26%. Investors are liking the story they're hearing about Japan's Softbank looking to buy DreamWorks. GoPro (GPRO) better than tripled in value from its IPO in June. The stock closed more than 10% higher after revealing its new action camera line.