Magic: The Gathering remains a 'key risk' for Hasbro stock as collectors grow cautious on investing in new card sets

• Hasbro stock faces challenges with Magic: The Gathering, according to Bank of America.
• The bank said stores and collectors have grown more cautious about investing in new product sets of the game.
• "We still see Magic underperformance as a key risk especially in 2H23 as Hasbro laps a crowded release schedule," BofA said.

Hasbro stock faces challenges with its Magic: The Gathering franchise as underperformance in growth remains a real possibility, according to a Thursday note from Bank of America.