Hasbro shares surge over 11% on revenue and profit growth
HAS Hasbro Inc
$109.52 +11.20%
View chart & analysis → - 1Hasbro shares rose more than 11% on Tuesday.
- 2Hasbro recorded $1.6 billion in revenue for its third fiscal quarter.
- 3Hasbro achieved a 34% surge in Magic: The Gathering-related revenue.
So what's the key point?
Hasbro's stock price rose by more than 11% as its revenue and profits increased. This means the company's performance improved, with Magic: The Gathering sales jumping by 34%.
Source The Motley Fool +1 · View original ↗
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