Mattel Surpasses Expectations in Q3 Earnings, But Falls 8%: 3 Reasons Why it May Be Time to Sell

By |2023-12-07T19:49:18+00:00October 26th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Shares of Mattel (MAT) fell as much as 16% in pre-market trading Thursday morning, before settling at around an 8% loss when the market opened. This came after the toymaker shared its third-quarter earnings. The company beat out analyst expectations on the top and bottom line, reporting an EPS of $1.08 compared to the [...]