Hasbro Inc. (NASDAQ: HAS) has been continuously making news due to its various financial activities. It announced a
Quarterly Dividend of $0.70, and the company's shift in focus has resulted in a
surge in its stocks. The toymaker's stocks increased further as it successfully managed tariff impacts, unveiled a cost-cutting strategy, and posted higher-than-estimated results. Its fourth quarter showed strong earnings, exceeding estimates by $0.10 EPS, launching a new PLAY DOH/Barbie line driving more interest towards its stocks. While there were concerns regarding allocations related to China tariffs, and mild setbacks on legal issues, Hasbro's Stocks continued to see moments of rallying, with Morgan Stanley conferring an
'Overweight' rating. The company has been
making strategic decisions to mitigate tariff risks and made significant investment acquisitions of its shares by various investors. The Stocks soared 35% in six months, and despite some fluctuations, it continues to show positive growth. With Elon Musk expressing interest in buying the company, the stock received another boost. There were however lawsuits filed on behalf of Hasbro investors
Hasbro Stocks HAS News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 22 Feb 2025 21:14:16 GMT -
Rating +7
- Innovation -6
- Information +9
- Rumor -4
