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Why Hasbro (HAS) Shares Are Falling Today

Shares of toy and entertainment company Hasbro (NASDAQ:HAS) fell 14.5% in the morning session after the company reported fourth-quarter results with revenue that missed analysts' expectations as its consumer products and entertainment segments declined 25% and 49% year on year. Its Wizards of the Coast and Digital Gaming segment was a silver lining (7% growth) but not enough to move the needle on company-level performance. The company's full-year 2024 EBITDA guidance also missed Wall S...
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Source: yahoo.com

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