Business
Hasbro Stock Gets the ‘Magic’ Touch
Hasbro shares rose 8.8% after the toy company posted strong results for its “Magic: The Gathering” card game and raised its outlook for the year.
Chief Executive Chris Cocks boasted that Magic is “off to a ripping start” this year, with sales up 34% in the first half.
Cocks said a new series of Magic cards based on Marvel superheroes set a record for first-day and first-month sales of the game.
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