From Stock Story Media: 2024-07-25 17:14:32

Shares of Hasbro (NASDAQ: HAS) surged 9.3% after the company reported a strong second-quarter earnings beat and raised guidance for full year 2024. Adjusted EBITDA was also raised, impressing shareholders. However, the stock cooled down to $61 after the initial jump. Hasbro’s shares have seen less volatility compared to the market average, with only 7 significant moves in the past year. The company has shown resilience in various segments, despite some declines. Investors who bought Hasbro shares 5 years ago would see a slight decrease in investment value.

In conclusion, Hasbro’s recent positive financial results have sparked investor interest and confidence in the company’s future performance.



Read more at Stock Story Media: Why Hasbro (HAS) Stock Is Up Today