Hasbro Inc. Stock Falls Monday, Underperforms Market
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Shares of Hasbro Inc. (HAS) slid 9.86% to $57.16 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Hasbro Inc. closed $48.57 below its 52-week high ($105.73), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Monday, as Walt Disney Co. (DIS) fell 0.77% to $94.28, Nintendo Co. Ltd. ADR (7974.TO) fell 1.74% to $10.14, and Activision Blizzard Inc. (ATVI) fell 0.24% to $73.96. Trading volume (4.5 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 16:58 ET (21:58 GMT)
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