Hasbro Inc

NASDAQ: HAS
$54.94
+$0.12 (+0.2%)
Closing price April 18, 2024
Hasbro Inc is a global leader in the toy and game industry, known for its vast array of products that cater to children and adults alike. From action figures and board games to digital gaming experiences, Hasbro's portfolio includes beloved brands like NERF, TRANSFORMERS, PLAY-DOH, and MAGIC: THE GATHERING. Beyond toys, the company delves into entertainment, producing films, TV shows, and digital content under various franchises. With a history dating back to 1923, Hasbro continues to innovate and entertain, reaching customers through retailers, e-commerce, and direct sales worldwide.
Two of the biggest names in the toy business are reporting quarterly results this week, and analysts are checking to see if China may play into these results.
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Wednesday's top analyst upgrades, downgrades and initiations included Acceleron Pharma, Advanced Micro Devices, Apple, eBay, Facebook, Hasbro, 3M, Peloton, Starbucks, Tesla and Xilinx.
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One would think that with Spider-Man and other superheroes on its side, Hasbro should do very well in its most recent quarter. It didn't.
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Hasbro shares dipped on Friday after the firm announced that it would be acquiring eOne in an all-cash transaction. Through this acquisition, Hasbro is looking to advance its position as a leading...
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