Wolverine World Wide, Inc. shares rise 5.01% intraday after Chaco's Designapalooza contest and Gameway's new lounge opening.

Wolverine World Wide, Inc. rose 5.01% in intraday trading, with the company's Chaco brand launching a nationwide design contest called 'Designapalooza'. This event encourages fans and artists to submit original designs for the next iconic Z/1 Classic sandal strap, with a $5,000 prize for the winner. Additionally, Gameway, an airport gaming lounge, opened its second location at JFK, featuring appearances by Optimus Prime, Wolverine, and Jinx, which could positively impact Wolverine World Wide, Inc.'s brand visibility.