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Hasbro is making too many 'Magic: The Gathering' cards, analyst says in downgrading stock

Por: MarketWatch Business November 14, 2022

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Analysts at BofA downgraded Hasbro to the equivalent of “sell” from “buy.” They said card prices for “Magic” were falling after the company flooded the market with new releases. Big retailers were pulling back on orders, game stores were losing money on the game, and collectors were trying to offload their cards, the analysts said. “We’ve spoken with several players, collectors, distributors and local games stores and have... + full article



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