Hasbro (HAS) Up 20% in 6 Months: What's Driving the Stock?

Shares of Hasbro, Inc. (HAS) had surged 20.2% in the past six months, outpacing the industry's modest 1.7% growth. The company's momentum was fueled by its innovative product and content launches within the Dungeons & Dragons universe. Moreover, its strategic shift toward an asset-light entertainment model, coupled with key partnerships with Playmates, LEGO, Converse and Black Milk Apparel, along with a robust product lineup, contributed positively. The Zacks Rank #1 (Strong Buy) company's earnings in 2024 ...