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Hasbro partners with Roblox to develop Monopoly and Nerf products

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Monopoly board game

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Toymaker Hasbro announced on Tuesday a partnership with Roblox, an online video game platform, to release Roblox-themed Nerf and Monopoly merchandise.

Both companies shares were trading higher after the announcement. Hasbro shares gained more than 1% while Roblox shares hit a 52-week high of $82.03 in trading Tuesday. Recently, Roblox’s stock was up more than 7%.

The Nerf blasters will feature various Roblox games such as Arsenal and Jailbreak, and will be available this fall in U.S. stores. Each blasters will include a code for players to redeem online for a virtual blaster to use in the game.

“Our design teams have done a phenomenal job capturing the…



Source cnbc.com

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