Hasbro (NASDAQ:HAS) experienced a bumpy period with its
stock hitting a new
12-month low. It moved negatively by
-1.87% and
-1.29%, with challenges met in the market, causing the stock to hit a 52-week low at
$54.25. There has been notable
selling of shares by institutions like Prudential Financial Inc., Orion Portfolio Solutions LLC, Skba Capital Management LLC, and more. On the other hand, institutions like Norges Bank, UniSuper Management Pty Ltd, and Vanguard Group Inc., have been
buying the stocks. Despite tariffs fears, a relatively
positive turnaround occurred with Hasbro's stock soaring on management's assurance and a new game plan. New purchasing and investing activities were seen amongst firms like Mitsubishi UFJ Trust & Banking Corp and AssuredPartners Investment Advisors LLC. However, the concern over Trump tariffs and possible rising toy prices loomed above the stock's performance. Still, Hasbro showed resilience as it forged forward, unveiling a new growth plan and implementing strategic shifts that drove
stock surge and rallies. Notables included a successful Q4 Earnings report despite tariff impacts on new product launches, acquiring an increased stake by other firms, and a hint on the possible acquisition by Elon Musk.
Hasbro Stocks HAS News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 22:25:22 GMT -
Rating -4
- Innovation -3
- Information 7
- Rumor -2
