Hasbro (HAS) closed at $58.02 in the latest trading session, marking a -0.5% move from the prior day.
Discretionary stocks like Hasbro, Inc. (HAS), Crocs, Inc. (CROX), Lifetime Brands, Inc. (LCUT), Netflix, Inc. (NFLX) and Royal Caribbean Cruises Ltd. (RCL) are likely to benefit from cooling inflation as the Fed plans rate cuts.
Hasbro, the company behind Dungeons & Dragons, took a $3.5 billion loss on the movie studio it bought in 2019.