M&G Plc and Mitsubishi UFJ Asset Management have invested significant capital in Hasbro Inc., while Swiss National Bank, Allspring Global Investments and BNP Paribas Asset Management have reduced their stock holdings. Also, Roth Capital raised the earnings estimates and expect a solid Q2 2024 earnings for Hasbro. However, despite these injections, Hasbro stock underperformed the market on certain days. Despite some losses, Hasbro stock outperformed the market and saw a considerable rise in first-quarter earnings that were above predictions. Furthermore, Hasbro's brand strength contributed to earnings exceeding expectations. Despite strong Q1 performance, Hasbro’s stock did experience some decline due to projected lower 2024 sales. However, with its digital gaming strategy proving successful, some analysts remain bullish on the firm's prospects.
Hasbro Stocks HAS News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 15:44:25 GMT -
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