Hasbro Shares Drop 4.5% Over Supplier Transition

Hasbro stock fell 4.5% on April 22 after UBS analyst flagged plan to stop purchase orders with Aequs Engineered Plastics.
The halt follows a cybersecurity incident disclosed on April 1, though Hasbro says supplier change is unrelated and part of its sourcing strategy.
Intraday decline peaked at 7.9% before shares recovered, with the Master Supply Agreement remaining in effect despite order suspension.