Updated
Updated · MarketWatch · May 6Hasbro stock rallies 2.87% and outperforms competitors
11 articles · Updated · MarketWatch · May 6
- Shares closed at $97.48 on Wednesday, marking a second straight gain as the S&P 500 rose 1.46% and the Dow added 1.24%.
- Hasbro beat peers including Electronic Arts and Take-Two, which both fell, while Mattel also gained but lagged Hasbro's advance.
- The stock remains 8.88% below its 52-week high of $106.98 reached on 12 February, and trading volume of 1.5 million was below its 50-day average.
Analysts call Hasbro a 'Strong Buy,' so why does one model claim its stock is almost worthless? Hasbro's stock is surging on its digital pivot, but will a major cybersecurity breach halt its momentum? With adults driving toy sales, is Hasbro's digital-first strategy the winning blueprint for the entire industry?