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Posted by
Two Blokes Apr 24 -
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Stock
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Shares of Hasbro Inc (NASDAQ:HAS) rose 7.7% in premarket trading on Thursday after the toymaker posted a sharp first-quarter revenue beat, powered by strong sales from Magic: The Gathering and digital gaming. Revenue rose 17% year-over-year to $887.1 million, far surpassing analysts' expectations of $771.15 million, driven by a 46% surge in its Wizards of the Coast and Digital Gaming segment.