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Sell Hasbro stock, BofA said. The company is killing its magic ‘Golden Goose’: The Collecting Game.
Font size The card game ‘Magic: The Gathering’ is estimated to account for about 15% of Hasbro’s revenue. Dreaming of…
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Business
Hasbro is ‘Killing its Golden Goose’. BofA downgraded for sale.
Shares of Hasbro are on track for their worst day since 2020 on Monday, after Bank of America suffered a…
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Business
Confirmed stock plunges to record low after Peloton struggles weigh on forecast
Shares of Affirm Holdings Inc. fell sharply on Tuesday afternoon, after executives issued annual guidance to the buy now pay…
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Business
Kohl’s CEO, Michelle Gass, resigns to join Levi Strauss
Kohl’s CEO, Michelle Gass, resigns to join Levi Strauss
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Business
Microsoft deal, not earnings, focus for Activision stock
Wall Street barely reacted to Activision Blizzard’s third-quarter results on Monday as investors are much more focused on acquisitions Microsoft…
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Business
Roblox stock up 20% on ‘impressive’ turnaround after year-long slide
Shares of Roblox Corp. achieved its best performance in nearly a year on Monday, after the youth-oriented social media platform…
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Business
The ARK Innovation ETF closed below an epochal low. Why could it be there?
Cathie Wood’s flagship exchange-traded fund finally closed below the pandemic low on Friday, after sliding below it in intraday trading.…
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Business
Peloton co-founder John Foley faces repeated margin calls from Goldman Sachs as shares tumble
John Foleyco-founder and former CEO of Peloton Interactive faced repeated margin calls about how much he borrowed against his Peloton…
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