Toy and entertainment company Hasbro (NASDAQ:HAS) reported Q2 CY2025 results topping the market’s revenue expectations, but sales fell by 1.5% year on year to $980.8 million. Its non-GAAP profit of $1.30 per share was 68.6% above analysts’ consensus estimates.
A wave of U.S. trade deals with key allies over the past 24 hours reignited Wall Street's rally and boosted investor risk appetite across global markets.
Shares of toy and entertainment company Hasbro (NASDAQ:HAS)
fell 3.4% in the morning session after its second-quarter earnings report revealed a significant decline in its Consumer Products division.
Before the opening bell on Wednesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Toy and entertainment company Hasbro (NASDAQ:HAS) reported Q2 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 1.5% year on year to $980.8 million. Its non-GAAP profit of $1.30 per share was 68.6% above analysts’ consensus estimates.
Declines by overbought IT and communication services stocks weighed down on the Nasdaq Composite Index, which snapped its six-session winning streak and ended shy of its record high.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
Shares of toy and entertainment company Hasbro (NASDAQ:HAS)
jumped 5.8% in the afternoon session after the company received an upgrade from Goldman Sachs, which cited benefits from its popular "Magic: The Gathering" card game.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
