Why Mattel Stock Was Surging This Week
Shares of Mattel (NASDAQ: MAT), the toymaker known for brands like Barbie and Hot Wheels, were flying higher this week after the company received a buyout offer. According to Reuters, Mattel was approached by a private equity firm.
The stock surged on that news on Monday, then pulled back on Tuesday as enthusiasm cooled off before jumping again on Wednesday after it reported better-than-expected second-quarter profits on Tuesday night.
According to data from S&P Global Market Intelligence, the stock was trading up 17.9% for the week.
Source Fool.com
Mattel Inc. Aktie
17,05 €
0,65 %
Positive Stimmung für Mattel Inc. mit mehreren Buy-Einschätzungen, keine Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Mattel Inc. von 24 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 17.05 €.
