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Why Hasbro Stock Was Down Sharply Today

TheMotleyFool

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Shares of entertainment company Hasbro (NASDAQ: HAS) fell sharply on Monday after the company released earnings results for the second quarter of 2020. As you probably guessed, results were below expectations. And it's why the stock was down 7% as of 1 p.m. EDT.

Hasbro's results were down almost across the board, as the COVID-19 pandemic disrupted retail sales and pushed back live-action film projects.

Image source: Getty Images.

Source Fool.com

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