Hasbro Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Hasbro Inc. (HAS) slipped 5.59% to $57.96 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. This was the stock's second consecutive day of losses. Hasbro Inc. closed $47.77 below its 52-week high ($105.73), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walt Disney Co. (DIS) fell 13.16% to $86.75, Nintendo Co. Ltd. ADR (7974.TO) fell 1.80% to $9.81, and Activision Blizzard Inc. (ATVI) fell 0.47% to $71.66. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 16:58 ET (21:58 GMT)
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