Hasbro Stock Jumps 10% As It Convinces Wall Street To Believe In Magic Hasbro's stock surged 10% after CEO Chris Cocks made the case for why Magic: The Gathering remains a safe bet for future earnings during a recent earnings call.
Investors seem to be buying in – literally. Cocks acknowledged that Magic is often misunderstood by those outside its dedicated fan base, describing it as "the least understood" of Hasbro's brands.
This might come as a surprise given the game's impressive revenue record over the years.