Hasbro shares tumbled to their lowest level since 2015 after the toymaker and entertainment company reported a sharp drop in quarterly revenue and earnings results below Wall Street expectations.

Recently, Hasbro acquired a 70% stake in Boulder, Colo.-based Backflip Studios for $112 million in an all-cash deal. Hasbro anticipates the transaction to be neutral to slightly accretive to its ...

Recently, Hasbro acquired a 70% stake in Boulder, Colo.-based Backflip Studios for $112 million in an all-cash deal. Hasbro anticipates the transaction to be neutral to slightly accretive to its ...