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Hasbro (HAS) Moves Higher Following Exclusive Partnership with Zynga (ZNGA)

February 9, 2012 3:47 PM EST
ZNGA Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Between Hasbro and Zynga (Nasdaq: ZNGA), who expected to make out better with the new, exclusive distribution agreement? If investor sentiment in anything, Hasbro is the winner.

Shares are up nearly 3 percent on the session and moved sharply higher following the announcement, whereas Zynga has given back most of the gains following the release.


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